Turkey repatriates their gold

pmbug

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Turkey’s Central Bank has transferred its gold reserves stored in the US Federal Reserve System to Turkey, Turkish media reported April 19, citing sources in the government.

The total volume of the gold reserves of Turkey’s Central Bank stored in the US was 220 tons.

Other Turkish banks, Ziraat and Vakifbank, have also started transferring a gold reserve of 95 tons from the US to Turkey.
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https://en.trend.az/business/economy/2889996.html

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rblong2us

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Might be safer for smaller countries to store their gold in Zurich or Singapore cos Uncle Sam seems to have a need for physical ( probably the main reason for the flip flop in pulling out of Syria ) and happy to create an argument / pretext to justify bring some 'democracy' to that small country.......
 
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