Kremlin accuses West of having ‘essentially stolen’ gold, forex reserves via sanctions

Reuters/Staff/10-24-2022

photo of uneven stack of gold bars

“Asked by reporters about a European Union proposal to transfer frozen Russian assets to Ukraine, Kremlin spokesman Dmitry Peskov said: ‘In general, a part large of our assets have been essentially stolen by specific Western countries.’”

USAGOLD note: Though the most immediate impact of such measures is felt directly in Moscow, its significance will not be lost on other nation-states.

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