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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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Below, you will find ...

Most Recent Articles posted by "Moritz55"

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Most Recent Articles posted by "Moritz55"



The Latest: US sanctions on Venezuelan
bank aimed at Maduro
Associated Press, by Staff    Original Article
Posted By: Moritz55- 4/17/2019 5:11:36     Post Reply
The Latest on the Trump administration’s position on Cuba (all times local): 2:15 p.m. The U.S. says it’s imposing sanctions on the Central Bank of Venezuela. The Trump administration says the bank has been instrumental in propping up the government of Venezuela’s president, Nicolas Maduro. President Donald Trump’s national security adviser John Bolton says the move is aimed at restricting U.S. transactions with the bank and cutting off the bank’s access to U.S. currency. Bolton says the action is meant to be a warning to others, including Russia, against deploying military assets to Venezuela to help Maduro stay in power.

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Former British prime minister Harold Macmillan was once asked what could happen that might change the direction of his government. His world-weary answer: “Events, dear boy, events.” Actually, there’s some question as to whether or not Macmillan really said those words, but there’s no question that he—and everyone else, in politics or not, who has ever had a plan—knows the feeling. As much as we hope to ride events, events have a way of riding us. Today, unforeseen events are once again in the saddle, and the Democrats’ plan for the orderly defenestration of President Donald Trump has been disordered.

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Posted By: Moritz55- 4/17/2019 11:11:23     Post Reply
Canada announced new sanctions today against 43 individuals connected to the government of Venezuelan President Nicolas Maduro as Foreign Minister Chrystia Freeland met with counterparts from the Lima Group of nations in Santiago, Chile. The Lima Group is an association of 15 American nations that accuse Nicolas Maduro of usurping Venezuela´s democracy through fraudulent presidential and assembly elections in 2017-18. A Canadian official, speaking on background, told CBC News that one of the purposes of the sanctions is to punish Venezuelan judges who rubber-stamped Maduro´s moves to sideline the country´s legitimately-elected National Assembly

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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     Post Reply
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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Why China Should Switch Sides in Venezuela
Bloomberg, by Juan Guaidó    Original Article
Posted By: Moritz55- 4/15/2019 2:46:20     Post Reply
China is the world´s largest oil importer and Venezuela has the largest proven oil reserves in the world. For those two reasons alone, the economic relationship between our nations will inevitably grow. In fact, we hope for even more. There are many areas besides oil in which we can mutually benefit from trade and cooperation in the future. For that relationship to blossom, however, Venezuela has to change and abandon a model of governance that’s ruined us economically. The country is suffering a devastating humanitarian crisis: At least 87 percent of Venezuelans live in poverty

Short of electricity, food and water,
Venezuelans return to religion
Washington Post, by Arelis R. Hernández    Original Article
Posted By: Moritz55- 4/14/2019 6:07:10     Post Reply
The lights in Petare had gone dark. Again. The people of Venezuela’s largest slum were used to the blackouts that halt the flow of water, exhaust their supplies of expensive candles and fray their already thin patience. But this would not be like any other lightless night in the hillside barrio. Amid the darkened alleyways, a strange, joyful sound emerged between the zinc-roofed homes. Tambourines jingled, maracas rattled, drums throbbed. Voices called all who could hear to salvation. “Cristo sana y salva...” 10 members of the Restoring Hearts church sang against the darkness. “Christ heals and saves...”

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Posted By: Moritz55- 4/11/2019 11:42:22     Post Reply
After Nicolas Maduro blocked humanitarian aid from entering Venezuela in February, the U.S. and others responded with sanctions. But nearly two months later, much of the aid continues to sit at the Venezuela-Colombia border. Now, Florida Sen. Rick Scott is urging the U.S. military to get involved in getting aid across the border, after unarmed trucks manned by supporters of opposition leader Juan Guaidó were blocked by Maduro on February 23. “There is only one option left to get aid to the people of Venezuela. It is something that no one is willing to talk about,” Scott said

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Posted By: Moritz55- 4/11/2019 11:28:46     Post Reply
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Vice President Pence called out Venezuela´s United Nations ambassador to his face while addressing the body´s Security Council on Wednesday -- a speech he used to declare it´s time for Venezuelan dictator Nicolas Maduro to step down. “With all due respect, Mr. Ambassador, you shouldn’t be here,” he said, looking directly at the representative, Samuel Moncada, who was in the room. “You should return to Venezuela and tell Nicolas Maduro that his time is up. It’s time for him to go.” Moncada looked up from his phone and shook his head at Pence’s remarks.

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Posted By: Moritz55- 4/6/2019 12:30:18     Post Reply
Hey, what’s up . . . wait, where are you going? Why the dark glasses? Did you dye your hair? What’s with all the deleted tweets and Facebook posts lately? Oh, I get it. Now that Special Counsel Robert Mueller didn’t find any evidence of collusion between the Trump campaign and the Ruskies to throw the 2016 election, you want to move on. Act like it never happened. Or at least pretend that you weren’t part of the whole damn hoax from the start. But . . . not so fast.



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