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US Banking Giant Citigroup Moves Massive Gold Reserves To Russia
A curious Ministry of Finance (MoF) report circulating in the Kremlin today says that the Central Bank of Russia (CBR) has “accepted for protection” 3 million ounces of gold worth over $3.5 billon from US banking and financial services giant Citigroup along with a further nearly $100 billion in cash.
According to this report, 1.4 million ounces of this now protected gold in the vaults of the CBR...