Posted on 01/31/2019 11:34:30 AM PST by Oldeconomybuyer
CARACAS - Venezuela will sell 15 tonnes of gold from central bank vaults to the United Arab Emirates in coming days in return for euros in cash, a senior official with knowledge of the plan said, in a bid by the cash-strapped country to stay solvent.
The sale of gold reserves that back the Bolivar currency began on Jan. 26 with a shipment of 3 tonnes, the official said, and follows the export last year of $900 million of unrefined gold to Turkey.
(Excerpt) Read more at reuters.com ...
They had a $1billion payment due to Russia. My guess is Valadsent some of his boys over to “ escort” Maduro to the vault with the key.
I imagine that is slightly more effective than a strongly worded letter.
Yeah— you’re right. But somehow obamaumao made the cover story to PAY Iran money we supposedly owed the former Shah Reza Pahlavi for fighter planes he ordered and we never shipped, after the shiite mullahs took over.
Obamaumao said a case filed by Iran’s jihadi’s on this subject in the Intl Court of the Hague— was decided the US had to pay Iran back the money they paid for the fighters-— only THEY didn’t pay the money— the Shah’s regime did. So— all bets should be OFF, right. Oh, nooooo. Instead the SOB arranges for billions in CASH, shrink wrapped on pallets on a US AF C17 or two, landing in Switzerland for a while and continuing on to deliver the CASH at Teheran airport.
To “close” the Iran nuclear deal-— which DID NOT do anything, but the cash WAS forwarded on to Russia— to pay for Uranium 1. Obamaumao’s Iran-Nuclear-Cash deal, sweetening the deal through Russia, supplying US uranium the clintons sold to them— by paying them with US money.
Corrupt muzzie bastard, and all of the payouts for all the deep state, including JFnKerry.
Gee, they get pure gold out of the ground on Gold Rush!?
Ha ha. I know that is not “real” big time gold mining.
I’ve got a good friend in Nigeria, whom I met on the internet. He said for the price of transport and fees to Customs officials, I can get some of this gold and store it at my house.
Left or Right, they always take off with the cash. From Amin to Zuma, they all seem to retire pretty well.
“between “tonnes” and “tons!” “
Metric tons are spelled tonne outside USA.
Your provincialism is showing.
This is what socialism gets you. The elites will always get their money and the people will suffer at their hands. EVERY. TIME.
I would make sure myself and millions of others would make sure that plane(s) and the POS never leave.
And how many tons were shipped to a secret location in the Caymen Islands?
Unrefined does not mean ore. It just means it has not been refined to .999 or better purity. It is likely already .95 or more.
The first reports of this had the shipment at 20 tons. Now it’s 15 tons. How many tons will actually leave the country after all the necessary people have been bought off with bars of bullion?
A spit in the ocean. The gold in question has a max value of around 840 million. Madura/Venezuela owes Russia and China billions.
First payment.
“Trading gold for euros.”
All that gold should be for the people of Venezuela for the suffering that they have been through with Chavez and Maduro.
And people wonder why Socialism doesn’t work.....or should I say it only works for corrupt leaders.
They’ll never see it again.
They leveraged their oil. Now they’re selling their gold, likely at loan shark rates. Pretty soon they’ll be confiscating gold out of teeth.
If that plane leaves the ground it will get more tracking than Santa on Christmas eve.
First of many. but...with no way to pay it off...that’s how wars get started. Or heads of state get...disappeared.
...and follows the export last year of $900 million of unrefined gold to Turkey.
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