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Turkey moves gold to Switzerland – local news
Ahval (Events) ^
| May 24 2018
| none stated
Posted on 05/27/2018 2:02:55 PM PDT by Texas Fossil
A Swiss news site has said that the Turkish treasury has moved 19 tons of gold to Switzerland from the United States in an attempt to dodge potential sanctions.
BZ Basel said the Bank for International Settlements in Basel, which is officially extraterritorial, with not even Swiss police being able to enter, had taken the shipment from Fort Knox.
The news site speculated that one reason for Turkey removing the reserves from the United States could be fear over possible economic sanctions on the countrys state owned bank Halkbank, which faces a likely fine following revelations that it allowed Iran to undermine U.S.-led economic sanctions.
The news follows reports in the Turkish press suggesting that Turkey was withdrawing its gold reserves from the United States.
TOPICS: Crime/Corruption; Egypt; Foreign Affairs; Germany; Israel; News/Current Events; Russia; Syria; United Kingdom; War on Terror
KEYWORDS: egypt; erdogan; europeanunion; gaza; germany; gold; hamas; hassannasrallah; hezbollah; iran; isis; jordan; kurdistan; lebanon; nato; receptayyiperdogan; russia; sanctions; saudiarabia; sinai; switzerland; syria; turkey; unitedkingdom; yemen
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To: Texas Fossil
Is Germany still trying to get their gold back?
2
posted on
05/27/2018 2:05:16 PM PDT
by
SeeSharp
To: Texas Fossil
I should move my 19 tons of gold, too.
Now, where did I leave that?
3
posted on
05/27/2018 2:07:08 PM PDT
by
SaveFerris
(Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
To: Texas Fossil
[The news follows reports in the Turkish press suggesting that Turkey was withdrawing its gold reserves from the United States.]
Back to being serious. Turkey afraid of something coming down the road in the not-too-distant future?
4
posted on
05/27/2018 2:07:56 PM PDT
by
SaveFerris
(Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
To: SaveFerris
5
posted on
05/27/2018 2:08:39 PM PDT
by
Texas Fossil
((Texas is not where you were born, but a Free State of Heart, Mind & Attitude!))
To: Texas Fossil
I hope they were paying a fee for the storage and protection
of the their gold. And why were they using
a Fed. Gov. vault in the first place?
6
posted on
05/27/2018 2:08:47 PM PDT
by
StormEye
To: SeeSharp
I’ve not heard anything about it, but Texas did. I think they actually sold it in NY and arranged to take it from somewhere delivered in Texas. Anyway, Texas has their own Gold depository.
7
posted on
05/27/2018 2:10:06 PM PDT
by
Texas Fossil
((Texas is not where you were born, but a Free State of Heart, Mind & Attitude!))
To: Texas Fossil
At the death of Eastern Roman Emperor Anastasius I in 518, the imperial treasury had 160 tons of gold.
8
posted on
05/27/2018 2:11:04 PM PDT
by
MUDDOG
To: SaveFerris; Gamecock
To: Texas Fossil
If they actually OWNED that gold they’d move it home to their own country.
However, it’s leveraged at least 1000x and their currency is headed to the toilette.
10
posted on
05/27/2018 2:14:18 PM PDT
by
Mariner
(War Criminal #18)
To: SaveFerris
11
posted on
05/27/2018 2:14:38 PM PDT
by
abb
("News reporting is too important to be left to the journalists." Walter Abbott (1950 -))
To: SaveFerris
They must have a lot of pirates.
To: Mariner
Imagine? If Turkey has a huge Bank Run, before the Elections?
Smile.
13
posted on
05/27/2018 2:17:42 PM PDT
by
Texas Fossil
((Texas is not where you were born, but a Free State of Heart, Mind & Attitude!))
To: Texas Fossil
14
posted on
05/27/2018 2:19:25 PM PDT
by
Vaquero
(Don't pick a fight with an old guy. If he is too old to fight, he'll just killc you)
To: abb; Larry Lucido
Never mind! I just heard about Goldline from Glenn Beck!
15
posted on
05/27/2018 2:20:53 PM PDT
by
SaveFerris
(Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
To: SaveFerris
To: Texas Fossil
It’s also a powerful indicator of Turkey’s intentions to do things that would cause sanctions
17
posted on
05/27/2018 2:26:18 PM PDT
by
DannyTN
To: DannyTN
18
posted on
05/27/2018 2:27:33 PM PDT
by
Texas Fossil
((Texas is not where you were born, but a Free State of Heart, Mind & Attitude!))
To: SeeSharp
Is Germany still trying to get their gold back? Last I heard, Germany gave up:
Not our country's finest moment.
To: Vaquero
Bump.
I am going to steal that. smile.
20
posted on
05/27/2018 2:28:55 PM PDT
by
Texas Fossil
((Texas is not where you were born, but a Free State of Heart, Mind & Attitude!))
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