Putin rapidly increased the pace of Russia's gold buying in 2014, just as the U.S. imposed fresh sanctions when Russia invaded Crimea
* The bill is being introduced by Sen. Angus King, I-Maine, John Cornyn, R-Texas, Bill Hagerty, R-Tenn., and Maggie Hassan D-N.H.
* It would apply secondary sanctions to anyone transporting gold from Russia's central bank holdings or selling gold physically or electronically in Russia
* Sanctions against Russia have frozen the nation's foreign exchange assets
* The senators note that the Kremlin is escaping sanctions through a loophole that allows the Kremlin to launder money through gold
A group of bipartisan senators is putting forth a bill to cut Vladimir Putin off from the $132 billion Russia holds in gold reserves.
The bill, introduced by Sen. Angus King, I-Maine, John Cornyn, R-Texas, Bill Hagerty, R-Tenn., and Maggie Hassan D-N.H., would apply secondary sanctions to anyone transacting with or transporting gold from Russia's central bank holdings or selling gold physically or electronically in Russia.
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WNU Editor: After seizing (stealing) $630 billion in Russian foreign currency reserves, the US government is now focused on Russia's gold. So what is next?
U.S. Senate Wants Sanctions On Russia's Gold Reserves
Scoop: Senators look to lock down Russia's gold reserves -- Axios
Russia's $132 billion in gold reserves could face US sanctions as new legislation seeks to choke off potential lifeline, report says -- Business Insider
U.S. Senators Seek to Bar Russia Selling Gold to Dodge Sanctions -- Bloomberg
Senators seek to freeze Russian gold reserves -- The Hill
6 comments:
"After seizing (stealing) $630 billion in Russian foreign currency reserves, the US government is now focused on Russia's gold. So what is next? "
The USG has to make it known they will give it back with interest after there is a peace settlement or a change of government. Otherwise, it is out right theft.
This is either the drunk walk Olympics or missiles might fly.
Economic war right after covid (which was a war on the middle class and human rights)... sigh the great reset people are busssyy trying to meet their 2030 goal to enslave us all
You will own nothing, have no privacy and LOVE IT!(or else)
As Mike Pompeo said it best, ‘We lie, we cheat, we steal’. That’s the American way.
WNU ed ....you are a rooskie and a sympathiser.... get out of Canada and leave your silver bullion behind for the authorities to use to arm Ukraine. Shame on you, rooskie.
WNU is having the tie of his life. It is best of times and to is the worst of times. WNU is making lemonade. The kinship/friendship network is being reinforced and for homo sapiens that is about as good as it gets.
time*
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