"510 tonnes (16,000,000 ozt) of gold, corresponding to 72.6% of the total gold reserves of the Bank of Spain...... transferred from their original location in Madrid to the Soviet Union a few months after the outbreak of the Spanish Civil War."
"After the war ended with a Nationalist victory, General Francisco Franco's government repeatedly demanded the gold's return. The Soviet Union, however, spurned these claims, stating that the entire amount had been spent and that the Spanish government actually owed the USSR money for additional credit extended during the war."
google gemini, prompt: "did spain ever recover the gold they.moved to moscow?" (llmv)
About 200k tons total gold mined worlwide across all history for context. So about 0.2% of the total.
This would be like losing 42,000 bitcoin in a custody oopsie.
Not your vault, not your bars.
People still haven't learned this lesson.
breadcrumb, comment in:
https://news.ycombinator.com/item?id=46352016
"What happened to all the gold Spain got from the New World? (1985)"
Oh dear. Something reminds me of that phrase about keys and coins.