All That Glitters Is Not Necessarily Russian Gold — Strategic Culture – https://www.strategic-culture.org/news/2022/03/17/all-that-glitters-is-not-necessarily-russian-gold/

As of February 1, three weeks before the start of #OperationZ, the #Russia n Central Bank held $630.2 billion in reserves. Almost half –

$311.2 billion – were placed in foreign securities, and a quarter – $151.9 billion – on deposits with foreign commercial and #CentralBank s. Not exactly a brilliant strategy.As for the physical #gold, #$ 132.2 billion – 21% of total reserves – remains in vaults in Moscow (two-thirds) and St. Petersburg (one-third).

The key problem is that more than 75% of Russian Central Bank reserves are in foreign currency. Half of these are #securities, like government bonds: they never leave the nation that issued them. Roughly 25% of the reserves are linked to foreign banks, mostly private, as well as the #BIS and the #IMF.

#Sanctions and #sovereignty – https://rentry.co/sanctions-and-sovereignty

This Is Why We Need to Talk About CBDCs - TruthStreamMedia

Central banks and governments, at a global scale, have prepared to implement CBDCs (Central Bank Digital Currencies) with important consequences for every aspect of freedom in our lives.
Though they will introduce it to the public gradually, its capacity for total control is immense.

CBDCs will be PROGRAMMABLE. Where and how money is spent is literally built into this new currency. And they plan to use it to change how money is use. The executives that frequent the World Economic Forum and the other elite forums have said so.

And so, CBDCs will not just be money. No, not at all. CBDCs are designed as tools of a very political and ideological agenda; some of the worst policies that have been pushed in recent decades will now have the force of spending controls to “nudge” people into submission and compliance.

#DigitalCurrency #CentralBank
#CBDC #Privacy #BigBrother

🇦🇷 The mystery of Argentina’s gold: Milei admits that it was transferred abroad, without specifying the quantities or destination

Argentina’s #reserves, held by its #CentralBank, include almost two million troy ounces of gold, valued at about $4.5 billion. But lately, there’s a question that’s on everybody’s lips: where is it ? Did some of it remain within #Argentina, while the rest was transferred abroad? Well, the official information only offers partial answers.

The administration of far-right President Javier #Milei admitted to the recent transfer of #gold abroad, but didn’t specify quantities, the destination, or the purpose for this measure. Nor did the Central Bank provide any details. In a scenario of financial instability — and with the government facing the need to accumulate reserves — the decision generated suspicions and speculation.

There are also fears that the gold could possibly be seized, due to long-standing legal cases that have been filed against Argentina by foreign creditors.