One of the indisputably important and far-reaching events last week was Turkey's rapid evacuation of its gold reserve from the US, where it was kept in the Federal Reserve System. The homeland from New York was returned 28.7 tons of gold bullion, Hurriyet reported with reference to the Central Bank of Turkey. The gold that was stored in the United States accounted for about 5% of Turkey's total gold reserves of 564 tons (about $ 20 billion in monetary terms). Recall that Turkey is among the countries that actively buy gold in the world market. So, last year the Turkish Central Bank bought 187 tons of precious metal. Now he is the second largest buyer of gold in the world after Russia and China. Experts point out that the process of buying gold by world central banks is becoming an increasingly popular action. In their opinion, there are a number of reasons for this, but one of the main ones is their discontent both with the world domination of the US dollar and with the policy pursued by the US administration. "I do not see anything surprising in the fact that Turkey, after Germany, has withdrawn its own from the States," explained Vice-President of the Golden Mint House Alexei Vyazovsky. - The mutual relations of the countries are deteriorating, Gulen is living in the US - the oppositionist whom Turkey accuses of trying to organize a recent coup. In this situation it seems logical to store ingots in the stores of its own Central Bank, rather than Fort Knox. After all, when you keep gold at home, it can not be lost, be replaced by tungsten ingots, mortgaged. The modern financial system is increasingly fragmented, trade wars are beginning between the countries (and not only commercial ones) ". Also, according to the expert, citizens are wondering what is provided by a particular national currency. In such a scenario of the world economy development, the value of gold as the main asset-refuge will only increase. The most important player in the gold market is China. "China, also increases the share of gold in gold reserves," said Vyazovsky. "Moreover, Chinese gold mining companies are expanding around the world, there is also talk of the imminent launch of the golden yuan, which will become the new reserve currency". On the question of how the financial system based on the gold yuan will look, according to the expert, it is not yet possible to answer, but in the fact that all this will hit the world financial system in its present form, this, in his opinion, is a fact. "The full provision of the yuan with gold, of course, is impossible: the era of the gold standard in the past," said Vyazovsky. - But some new forms, possibly connected with crypto-currencies, blocking, partial exchange of bills for gold coins - why not ". The "gold rush" unfolding around the world, no doubt, irritates the Fed and the US government, accustomed to living the understanding that the only global currency was and remains the US dollar.

Perhaps, this explains also the very incomprehensible stories connected with the gold reserves of a number of countries. First of all, this concerns Germany, which for decades has kept about half the gold reserve in the United States, as well as France and a number of other European countries. The true confusion of all caused a story with an inexplicable delay in the return of gold in Germany. At the same time, rumors spread throughout the world that gold, which had fallen into the USA, had been confiscated long ago, and gold tungsten pigs instead of gold bars.