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To: montanajoe

they have $20 billion in gold... and their GDP is $400b ... 20:1 ratio

the US supposedly has $300b in gold and our GDP is about $15 trillion... a 50:1 ratio

venezuela is in better shape going into such a currency war


24 posted on 02/08/2013 5:09:21 PM PST by sten (fighting tyranny never goes out of style)
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To: sten
I'm sorry you are buying into the gold peddlers theme of the week...

Venezuela's export is oil

Oil is sold on the world market in US dollars

Listen to the gold peddlers or listen to your on common sense ...

Gold is not a viable alternative here..but as always YMMV

41 posted on 02/08/2013 9:48:08 PM PST by montanajoe
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