Dear Friend of GATA and Gold:
Eight years ago as Russia seized Crimea from Ukraine, Ukraine's gold appeared to have been hastily shipped to the United States. Nobody in authority would deny it:
https://gata.org/node/14744
Today the Ukrainian central bank acknowledged that $12 billion of its gold reserves recently was sold under pressure of the war with Russia that began this year:
https://www.gata.org/node/22063
Since Russia began its attack on Ukraine's non-Crimean territory in February, the United States and its allies have appropriated tens of billions of dollars in military and humanitarian aid to Ukraine. So why would Ukraine need to sell its gold reserves unless doing so was a condition of all that U.S. and European assistance, especially since the United States already had taken custody of the Ukrainian gold?
Stripping the wounded of their valuables in wartime always suggests greed or desperation -- like desperation to keep the gold price down to support the U.S. dollar and other Western currencies..
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org
GATA.ORG
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
Powell was managing editor of the Journal Inquirer, a daily newspaper in Manchester, Connecticut, from 1974 to 2018, when he retired from his management work while remaining the newspaper's political columnist. He began working at the paper when he left high school in 1967. His a column is published by many other Connecticut newspapers. He often appears on radio and television public-affairs programs in Connecticut.
From 2004 through 2009 he was legislative chairman of the Connecticut Council on Freedom of Information and remains a member of its Board of Directors. In 2006 he was inducted into the Academy of New England Journalists by the New England chapter of the Society of Professional Journalists and the New England Society of Newspaper Editors.
He is a member of the Connecticut, Manchester, and Vernon historical societies and the International Churchill Society.
* * *
Help keep GATA going:
GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:
http://www.gata.org
To contribute to GATA, please visit:
http://www.gata.org/node/16
