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Habsburg Ottó Alapítvány
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1952-08
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ayer as ~~ el if KV This month's information come from different reliable sources and touch on a certain number of important problems of the econom: bad and domestic situation of Russias “Yn the economic field, a problem which has puz eled ex : perts for a long time has been the priblem of Russia's Gold Pro= uction, With the speacial economic set-up which exists at present is one of the top sererets of the regime, not easily “answerede In international trade Russia has enough currency of its own, and enough income from its exports, to finance ambly its legitimate trade ang to keep even a surplus ; in foreign currenckes. “his sur plus and a certain amount of gold of Russian production is then used for the far-flung political interests of the USSR and for those secret purchases of critical material, which do not enter into the legitimate trade channels, but are introduced almost by fraudulent means, These critical materials later on figure as imports of, such places as Tangiers, Lebanon, iran, Burmah and other Similar coun TLIC Se Despite these expenses, the bulk of Russia's gold is never seen on world markets, is, obviously horded for ulti~ nate motiveg e in recent tines — Statis and Kconemic Obser— vers have eXpregsed the fear, that this gold would suddenly be dunped on, thevworld market in order to break the gold price and hence to/ ‘hate the capitalist market into,a crisis. This observer does not agree with this idea, since the Americans have enough Tés rah sg on hand to buy up the whole mass of\ gold which might come on. the free markets of ‘the worl¢, The ar, are elsewhere : the ATÓ is horced/in Russia for the sole reas that it is an Íme portant warere: serve, Since the Soviet nda Medi counts on Indian neutrality - in dase that war should start bej fore India is fully communi ned ~ gold would be used to. make perelisive buying on the Indien and other Asiatic markets, in order to get.all their raw materials and ‘to deny tue Americans those ame goods, This is the reason of the reat goid-hoarding action, It is hence of supreme importance to/imow exactly where and what Jine goa (production of the USSR is, ‘Here are the facts : Gold is to fhe — in the USSR in —— ants tien ie three p 6 xs 4 f sé § A t } oN F ae Se t : ÍV] ESEL ERR = } i }

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