Jordan Belfort style.
Posted on 02/01/2019 6:54:11 AM PST by C19fan
Venezuela will fly 15 tonnes of gold to the United Arab Emirates in coming days in return for euros in cash as the country tries to stay solvent, sources have said.
In total, Nicolas Maduro plans to sell 29 tonnes of Venezuelan gold - worth around $1.2billion - to the UAE by February in order to buy basic goods and prop up his crumbling government.
Meanwhile Russia, which is backing Maduro, was forced to deny being in contact with opponent Juan Guaido after the politician said he sent a message to Moscow.
(Excerpt) Read more at dailymail.co.uk ...
He should bring his newfound Millions to Sanctuary California, He would be welcomed with open arms here in Bel Air and he could buy one of our cute houses for sale in the $50-!00 Million dollar range and still have plenty of cash left to hob knobg around with Hollywood.
I wonder what country he will flee to? Cuba is nice this time of year.
Way past eating the seed corn phase.
That was my first thought.
It is like mortgaging your home when you don’t have an income. It will keep you afloat for awhile but the unless you get some income you will soon be homeless.
Since Venezuela is in this mess because of their flawed financial policies which they are not inclined to fix, this will not only not solve their problems but make them worse down the road.
I guess Venezuela has not hit rock bottom yet, the people have not risen up and overthrown their government yet.
Yeah, the cover story is nice, but this is the deployment of his own Golden Parachute.
Jordan Belfort style.
Chavez heirs better have their goods locked away in some haven
Maduro prolly eying their goodies about now
America after 5 years of the Green New Deal.
15 tonnes of gold
Which is why the left reviles him with a purple passion equaling the deep state's hatred of President Trump.
In the 80s, I was one of those idiots who cursed Pinochet, then I learned the truth.
The UAE is famous for its gold market. Transactions are tax free.
“The people want to see me driving a Bentley.
It lifts their spirits.”
Maduro has already sold off Venezuela’s future oil output to China and Russia in return for loans.
I think it would be fun if the big E said the plane had arrived empty and sent our grand crook nothing. So sad!
Without a gold reserve their currency is now utterly worthless.
Interesting, thanks.
When was the last time an audit was done on Fort Knox. One should be done every time there is a change in presidents. Trump should have done one when he took office and when he leaves. Where did Obama get 1.5 billion to give to Iran?
When was the last time an audit was done on Fort Knox. One should be done every time there is a change in presidents. Trump should have done one when he took office and when he leaves. Where did Obama get 1.5 billion to give to Iran?
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iirc, one of the first things trump did was send treasurey secretary to ft know to check what was left.
Do you think now is a good time to get some of those famous Venezuelan emeralds?
“Nicolas Maduro plans to sell 29 tonnes of Venezuelan gold - worth around $1.2 billion - to the UAE by February in order to buy basic goods and prop up his crumbling government. “
propped up by spending that money on food and medicine for his army and their families before his soldiers all either flee or turn their guns on their own colonels and generals and then finally on Madruo himself ... i wonder how much time the $1.2 billion will buy Maduro before it runs out?
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