Perhaps each person will be interesting answer to the question, which houses the gold reserves of Russia.This is due to the fact that the gold reserves of the country is the world's largest.Initially the impairment was due to the need to physically verify the solvency of the country in the construction of international economic relations.The high cost of gold allows to keep stable economies.That reserve in times of international crises support the banking sector by providing bank guarantees to depositors.Gold reserves of the country has always belonged to the category of major strategic reserves in case of any unforeseen situations and circumstances.
Gold as a guarantor of economic stability
Gold can be called a kind of guarantee that the economy will not collapse.Take, for example, Russia.It reserves allow it to not only stay afloat, but to strive for the development.In the absence of the gold reserve of the country's economy could not survive the sharp decline in oil prices and tough sanctions from the West.The cost of currency creates a reserve, he serves as the foundation of the economy.World's statehood depends on how much he could save the precious metal.Any bill issued, though in a small amount, but it must be backed by gold, that eliminates the high risks of further devaluation.Today the situation has changed a bit, and the national currencies to a greater extent provided by the US dollar, the circulation of which is secured the gold by just 1%.
role of gold is unchanged
Gold - it's not just one of the most liquid precious metals in the world.All modern economic policies pushed by the metal reserve, guided by the need to buy foreign currency.Precious Capital acts as a security deposit as in obtaining loans and the transfer of luxury goods to foreign countries.Over many centuries of modern economic structure of the role of gold has not changed.Metal, as before, to protect the country from collapse and allows to assist partner countries in the sharp drop in the economy.The fact that Russia has the biggest gold exchange fund, known to everyone, but in the matter, which houses the gold reserves of Russia, try to figure below.
where the government has placed their savings?
Well-known is the fact that the location of the "guarantor" of the Russian state has never and no one was concealed.Almost any person interested in the economy could easily answer the question, which houses the gold reserves of Russia.According to available information, around 60% of the total reserve is located in the central repository of the Central Bank, which is located in Moscow's Pravda Street.Area is 17 square meters.As for the space dedicated exclusively for storage of stocks, it is one and a half thousand square meters.Storage was built in 1940.Construction of important public facility to direct the management of the State Bank of the USSR.In considering that holds gold reserves of Russia, I would say that the store in Moscow is not only the location of the reserve.Branches operate in St. Petersburg and Yekaterinburg.The overall structure is quite extensive storage and distributed throughout the country in order to ensure the liquidity of the state.In total there are at least 600 processing centers, each of which has its own storage.
specifics of storage of the gold reserve
gold reserves of Russia, which remains positive dynamics has been for many decades, passed stored in gold ingots, each weighing 10 kilograms is equal.In metal 999.As part of the reserve extended bullions weighing ranges from 100 grams to one kilogram.On the territory of the Central Depository has settled at least 6000 boxes of metal.In addition to the precious material in the territory of the repository and decided to save foreign exchange reserves.The property is kept in wooden and plastic boxes (with bills inclusive).With a certain periodicity store employees to carry out replacement of old banknotes for new ones.
storage facilities: Professional protection
studying the question of where Russia holds gold reserves, it is worth noting that the government of the state selected for "metal" to ensure the state is not just convenient, but also the safest place in the country.Central storage is striking in several security levels that protect the country's liabilities from various influences.Each of the rooms operate the most innovative and professional equipment for monitoring the environment.There is equipment for monitoring and detection of minimal changes in the situation, which is activated when there is a threat in a few minutes, connects the parallel auxiliary security systems.
no access, only one exception
Unauthorized access to the most secure areas of the state simply excluded.With regard to physical or mechanical penetration, it is completely impossible.The only exception in the world - it's penetration into the vault of England, however, attackers had to use a shovel.It is in this unusual incident, the government does not consider it necessary to conceal where the gold reserves of Russia.Information about the location of a repository, supplementing photographs are systematically published in almost all the media.
Rumors or truth?
It is clear that Russian gold reserves rational to keep it in the state and to argue with that problematic.It is sometimes in the press there are unconfirmed allegations that a sufficiently large part of the guarantor metal (platinum, gold reserves in the form of bullion and currency) is stored in the United States.This practice is common, as are the world's major states like Britain and Germany, Holland and France, China and some European countries have entrusted their most valuable liabilities is US.Preliminary information says that they are placed in storage on a highly classified US strategic facilities.Rumors that were popular in the past few years, today we can safely deny due to the economic situation and is not the best and the strained relations between Russia and America.
bit of history: the function of the gold reserve
The main role of the reserve of gold has always been one - is to ensure cross-border payments, on which the world economy.Savings have always been considered untouchable by the internal handling of precious metals.Gold reserves of the country and acted as a kind of reinsurance that allowed in the case of exhaustion of the budget to fulfill all obligations to depositors.Even at the beginnings of the last century, the gold reserve was interpreted as half the precious metal plays the role of "hard currency."All other assets are owned by private individuals.As the value of the metal ingots, which are in storage, turned into a full-fledged guarantor of economic stability.Especially this trend is clearly manifested in the Great Depression, which took place in the 30s.At that time, each note is ensured, depending on the state or a few milligrams, or a few grams of gold.Gold Reserve (coins, ingots) avoids serious inflation.
role of gold reserves today
gold reserve in the world today little has changed its purpose, but the number of tasks for which it is needed, has changed:
- State practice to use its reserves to purchase foreign currency in the event that there was aurgency.
- provision can play the role of collateral, which is transferred to the state when obtaining a loan or by buying relevant to the country at the moment the goods.
- Metal lays the foundation of the economy of each country.
And if you look at the situation globally?World gold reserves as it supports the economy of each country in the world before, and maintains it today.That it helps to avoid default in times of severe economic crisis.This trend makes the process of replenishment of reserves by more than the governments of the relevant even in the 21st century.
What people say about Russian reserves?
The Russian stock of the precious metal is saved in the Bank of Russia and the Ministry of Finance reserves.According to the data of 2011, the budget was equal to 793.3 tons.In terms of precious metals the country got the eighth place in the world.The first place for decades takes America.This was directly related to the ban on keeping gold at home in 90 years.It was then that all US residents voluntarily handed over to the state all their savings.According to representatives of the government of the country in term of domestic size of the fund should be increased to one hundred tons annually.In fact, the increase in fixed capital of the country since 2008.The foreign exchange reserves are preserved today, about 7% of the total gold reserves of Russia.Sounding data are far from reality, and well-known public figures may be radically different from the present situation.The bottom line is that the amount of the gold-reserve stock of the state statistics on its completion is a state secret.
that said the World Gold Council
Information about the capital of the Russian Federation regularly seeps into the media.For example, recently the World Gold Council said that in the last five years of reserves of the country increased by almost half.This period was marked by an increase in state purchases of 500 tons.If we compare the rate of capital accumulation by other countries of the world, Russia, unequivocally, takes the first place.Such policies Putin has introduced many baffled.There is talk that the president plans to influence the countries in the world with the help of a rough politics.Others say that the government wants to use gold as a second reserve currency.The Russians previously used gold as a financial instrument, today such an approach to policy is more than justified, because the role of the precious metal in the international market is increasing systematically.Not only the central banks, and private investors are abandoning the euro and the dollar in favor of the precious metal.In particular, the National Bank of Kazakhstan announced about this fact officially.Therefore, the question of where the gold reserves of Russia, is becoming more urgent.
