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Venezuela to move its Gold out of USA, UK and European banks.
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<p>[QUOTE="medoraman, post: 1252677, member: 26302"]First, I was not talking about civil rights. That is a hard comparison since the nature of their two religions. I was simply talking the economics of their oil industry, with Saudi producing steady supplies and generating reliable returns to their government. Venezuela I believe will follow down the path of Mexico of lower and lower yields. </p><p><br /></p><p>Most dictators were elected. An election is not what separates a dictator from democracy, it is FAIR elections after the first. Hitler was elected sir, so where most dictators on this world. It is their actions after being elected.</p><p><br /></p><p>Btw, I have been to Saudi, Venezuela before Chavez, and to third world dictatorships. I understand all of the points you bring up Fatima, and I still say that Venezuela will be the net loser when he leaves. It has nothing to do with Yankee jingoism, as I disagree with numerous policies of the US, its simple economics. Chavez today is simply trying to make himself immune from international sanctions, but I still predict this gold when he is gone will no longer be an asset of Venezuela. For that, I am sad for her good people.</p><p><br /></p><p>Chris[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1252677, member: 26302"]First, I was not talking about civil rights. That is a hard comparison since the nature of their two religions. I was simply talking the economics of their oil industry, with Saudi producing steady supplies and generating reliable returns to their government. Venezuela I believe will follow down the path of Mexico of lower and lower yields. Most dictators were elected. An election is not what separates a dictator from democracy, it is FAIR elections after the first. Hitler was elected sir, so where most dictators on this world. It is their actions after being elected. Btw, I have been to Saudi, Venezuela before Chavez, and to third world dictatorships. I understand all of the points you bring up Fatima, and I still say that Venezuela will be the net loser when he leaves. It has nothing to do with Yankee jingoism, as I disagree with numerous policies of the US, its simple economics. Chavez today is simply trying to make himself immune from international sanctions, but I still predict this gold when he is gone will no longer be an asset of Venezuela. For that, I am sad for her good people. Chris[/QUOTE]
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