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Moscow Gold Jesse Russell

Moscow Gold

Jesse Russell

Published February 21st 2012
ISBN : 9785513119500
Paperback
82 pages
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 About the Book 

High Quality Content by WIKIPEDIA articles! The term Moscow Gold (Spanish: Oro de Mosc ), or alternatively, Gold of the Republic (Spanish: Oro de la Rep blica), refers to the operation by which 510 tonnes of gold, corresponding to 72.6% of the totalMoreHigh Quality Content by WIKIPEDIA articles! The term Moscow Gold (Spanish: Oro de Mosc ), or alternatively, Gold of the Republic (Spanish: Oro de la Rep blica), refers to the operation by which 510 tonnes of gold, corresponding to 72.6% of the total gold reserves of the Bank of Spain, were transferred from their original location in Madrid to the Soviet Union a few months after the outbreak of the Spanish Civil War. This transfer was made by order of the government of the Second Spanish Republic, presided over by Francisco Largo Caballero, through the initiative of his Minister of Finance, Juan Negr n. The term also encompasses the subsequent issues relating with the golds sale to the USSR and the usage of the funds obtained. The remaining fourth of the Banks gold reserves, 193 tonnes, was transported and exchanged into currency in France, an operation which is also known by analogy as the Paris Gold.