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Thread: Bank of England refusing to return 14 tons of Venezuala Gold

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    Scotland Avalon Member scotslad's Avatar
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    Default Bank of England refusing to return 14 tons of Venezuala Gold

    An estimated 14 tonnes, Over $550m worth of Gold has NOT been returned to the south american country as the bank of England tries all sorts of tactics and delays.

    Eeee me. With hyperinflation at 1m% - imagine the impact of that

    More here: https://uk.reuters.com/article/us-ve...-idUKKBN1O51II

    Different slants on the story can be found elsewhere online too

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    United States Avalon Member A Voice from the Mountains's Avatar
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    Default Re: Bank of England refusing to return 14 tons of Venezuala Gold

    Repatriating gold from international bankers has become a game of musical chairs. Lots of countries have been demanding their gold deposits back lately, and it seems it isn't all there anymore.

    Transferred through fraud into hidden accounts?

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    England Unsubscribed ripple's Avatar
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    Default Re: Bank of England refusing to return 14 tons of Venezuala Gold

    I doubt that the BOE has much direct interest .
    However , if they are being ordered to act on behalf of America and as a consequence of the Five Eyes Agreement , all becomes much clearer . imho

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    Default Re: Bank of England refusing to return 14 tons of Venezuala Gold

    My question is how much of this is collateral for loans in default ? The banks know how to confiscate wealth, looks like.. "The Economic Hit Man " ..( book)..was there.

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    Default Re: Bank of England refusing to return 14 tons of Venezuala Gold

    Here's the answer:

    Venezuela and PDVSA are in default on a combined total of $52 billion in bonds as a result of failure to make some $2.3 billion in interest payments, according to Thomson Reuters data and local financial consultants.Apr 18, 2018.

    1 ton of gold at $2000 an once = $64.3 million x 14 tonnes = $900.3 million .... gold is about $1220.00 an once as of 12-21-18.

    https://www.google.com/search?source....0.26bkKQwr3Ro

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    United States Avalon Member A Voice from the Mountains's Avatar
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    Default Re: Bank of England refusing to return 14 tons of Venezuala Gold

    Quote Posted by ramus (here)
    Venezuela and PDVSA are in default on a combined total of $52 billion in bonds as a result of failure to make some $2.3 billion in interest payments
    Venezuela's capitalism has finally caused them to collapse. Socialist revolution when?


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