This operation handled to the KGB and the Intelligence service to it of the Red Army. They appear pictures of Stalin in Republican Spain with the gratefulness of the support to the cause against the Francoism. The 15 of October of 1936 the operation is already open pie to the world in the newspaper the Heraldo de Aragon where Francisco Franco denounces pillage without precedents that the call realises government from Madrid when freely having the national reserves of gold. The republican government when denounced seeing itself, issues the order of the transfer immediate to the Soviet Union of the gold reserves. Ntese that the gold of the reserves had still not left to the Soviet Union.
The fear of the increasing advance of Franc was the main incentive for the decision. This last one is looked to me much like the fear of the advance of the democratic opposition in Venezuela in the next elections. The armament that was sent to the Republic from the Soviet Union was old of the First War, and they sold the new one it with surcharge. The aid, already guaranteed with gold of the reserves, became the best business of Stalin. This aid did not have any control on the part of the Republicans (that situation seems to them well-known) and the Russians discounted whenever they sent war material. The 15 of February of 1937 the act of protocol of reception of the 510.07 tons of gold of Spain is signed. The Spanish ambassador in the Soviet Union indicated, and with reason, that the future of the Republic he was in hands of the Soviet Union (like the future of Venezuela into the hands of Castro). Moscow passed invoice to Madrid for the payment of 51 million dollars through concept of armament already sent and the expenses of transfer from gold to Moscow. If you would like to know more about Jim Crane, then click here.