Romania reclaims its centuries-old gold from Russia
(PresseBox) - Gold has become increasingly valuable in recent times. New price highs have been reached.
The Romanian National Bank sent its gold to Moscow. This story begins at the time of the First World War. At that time, Russia was the only ally with which Romania shared a common border. In addition, the Romanian royal family had strong family ties to the Russian imperial family. In 1916 and 1917, Romania shipped the National Bank s gold reserves (91.5 tons of gold in the form of bars and coins), Queen Marie s jewelry and other valuables to Russia. Everything was to be kept safe there. In 1917, the Bolsheviks took power and all the transferred valuables, including the gold, were confiscated. Russia later returned some of the treasures, but not the gold reserves. Romania s gold treasure has long been an issue between the countries involved.
The fact that Romania s gold reserves were delivered to Russia at the time is proven by the original records, which are still kept at the National Bank of Romania more than 100 years later. The Board of Directors of the National Bank of Romania has now raised the matter in the European Parliament. Since March 5, 2024, there has even been an exhibition in the European Parliament: "The gold treasure of the National Bank of Romania sent to Moscow and never returned". Given the high price of gold, it is all the more understandable that Romania wants its gold back. Private investors do not have such opportunities. They have to rely on today s markets. Gold companies are one way for investors to make money from the rising gold price. Revival Gold and Chesapeake Gold, for example, are well positioned.
Revival Gold - https://www.commodity-tv.com/ondemand/companies/profil/revival-gold-inc/ - owns the largest previously producing gold mine in Idaho.
With its flagship Metates project in Mexico, Chesapeake Gold - https://www.commodity-tv.com/ondemand/companies/profil/chesapeake-gold-corp/ - has an immensely large gold and silver deposit that appears very promising.
In accordance with ?34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.
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Unternehmensinformation / Kurzprofil:
Datum: 14.03.2024 - 07:13 Uhr
Sprache: Deutsch
News-ID 702045
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