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Ukraine's gold reserves said being flown to New York Fed

Section: Daily Dispatches

3p ET Monday, March 10, 2014

Dear Friend of GATA and Gold:

Hong Kong-based fund manager William Kaye today tells King World News that Ukraine today airlifted its gold reserves, 33 tons, to New York, presumably for vaulting at the Federal Reserve Bank of New York -- and probably not to be seen again any sooner than they'd be if the Russian army had marched into Kiev to "protect" the gold before it was flown off.

Maybe the Ukrainian gold will constitute the New York Fed's next shipment to the German Bundesbank in Frankfurt in the great international game of golden musical chairs.

An excerpt from the interview is posted at the King World News blog here:

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/3/10_Di...

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.



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