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Venezuela Sells $400 Million in Gold
Amid Sanctions, Sources Say

Bloomberg, by Patricia Laya

Original Article

Posted By:Moritz55, 4/15/2019 6:30:44 PM

Venezuela sold about $400 million in gold despite a growing international push to freeze the country’s assets, according to two people with knowledge of the matter. The amount, which would equal almost 9 tons, was reflected by a drop in the bank’s total reserves, which fell to $8.6 billion on April 12, according to data provided by the central bank. About $5.1 billion of that is gold. A central bank press official didn’t immediately respond to requests for comment on the sale Monday. The sale could mean President Nicolas Maduro has found a way to skirt the economic blockade.

      


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Reply 1 - Posted by: dvc, 4/15/2019 6:47:24 PM     (No. 11966085)

The thieves looting the country, as the world watches.

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Reply 2 - Posted by: jl80863, 4/15/2019 7:56:39 PM     (No. 11966156)

A future life in exile, and paying for security to keep from having your butt blown away, is going to be expensive.

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Reply 3 - Posted by: enemyofthestate, 4/15/2019 7:57:34 PM     (No. 11966159)

A lot more money than Maduro ever made as a bus driver. This is what happens when the mob in the streets gets control.

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Reply 4 - Posted by: john56, 4/15/2019 11:39:33 PM     (No. 11966256)

And $350 Million of that was deposited into an account of a "N. Maduro" in Switzerland.



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Reply 5 - Posted by: Janylou, 4/16/2019 1:53:31 AM     (No. 11966298)

I attended a TEA Party event here in AZ tonight. Some really great speakers including Kevin Jackson, Kelli Ward, & Laura Loomer. One former Iraqi woman spoke and told what a socialist Saddam Hussein was, how just like in Venezuela, he nationalized the oil fields. I never thought of him that way, but then dictators are socialists/communists. It is all about control.

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Reply 6 - Posted by: jacksin5, 4/16/2019 9:14:53 AM     (No. 11966560)

How much of that is paying for his Russian and Cuban "Minders"?

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Posted By: Moritz55- 4/15/2019 6:30:44     Post Reply
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