www.occrp.org
this kinda slipped through amongst the other stuff of the past few days. Russia - unlike many nations - doesnt store its stuff in the usual hubs like London or Zurich, meaning it cannot be easily ringfenced in the West. it has a couple of thousand tones of the stuff hidden away at a handful of vaults around the country. Gold, unfortunately, doesn't have a memory and can be easily moved on discreetly and legitimised elsewhere -unlike other traditional assets. as part of a longer plan to change state coffers to rely less on easily identified overseas stuff, russia have wound down its holdings of yankee bills and bonds gradually over the past few years. There will always be someone willing to hand over cash for bars