"I love gold!" Russia shows off its reserves - 17% of world's gold (PICS)

Russia Insider
Tue, 16 Jan 2018 17:20 UTC

It's no secret that Russia has been stacking the shiny phyzz for years, and here's a glimpse showing exactly how they stack...

Photos from main gold storage of Central Bank of Russia. Almost 1800 tons of gold is stored here. This is the main storage of gold in Russia. This makes Russia to be number six in the world by gold storage.

However ten years ago Russia had only 3% share of the total world gold storage.

Today Russia's gold is 17% of world's gold.

And this is how all this gold is being stored.

What's perhaps most interesting about these images is Russia's willingness to release them now to the public.

One wonders how long before China shows its gold holdings too?

Comment:

On a more serious note, we wonder when Fort Knox will publish a similar feature... NOT!

While it is believed that the US Federal Reserve holds about 8,133 tons of gold, the rumors circulated that things are not what they seem and "the gold chamber of Fort Knox" are nearly empty, Engdahl narrates.

Adding more fuel to the fire are doubts surrounding US' official gold statistics, a strange event occurred in 2012.

"In 2012 the German Government asked the Federal Reserve to return German central bank gold 'held in custody' for the Bundesbank by the Fed. Shocking the world, the US central bank refused to give Germany her gold back, using the flimsy excuse that the Federal Reserve 'could not differentiate German gold bars from US ones...' Perhaps we are to believe the auditors of US Federal Reserve gold were laid off in the US budget cuts?" the researcher asks.