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Venezuela to move its Gold out of USA, UK and European banks.
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<p>[QUOTE="medoraman, post: 1252716, member: 26302"]I simply believe sir that it will get resmelted, possibly mixed in with other production from minesin Venezuela, and sold on the open market. The fungibility that makes gold a good coinage medium as you like to claim also adds greatly to its ultimate lack of tracability. I am simply saying over the coming years I believe this stock will quietly be liquidated to pay for his programs, with some probably accumulating in associates bank accounts as usually happens. </p><p><br /></p><p>I would wager, net net, that some mine in Venezuela will had some extremely good production in the near future and continuing for quite a while. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /> I am sure the Chinese would be happy to buy this "excess" production. Just my prediction.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1252716, member: 26302"]I simply believe sir that it will get resmelted, possibly mixed in with other production from minesin Venezuela, and sold on the open market. The fungibility that makes gold a good coinage medium as you like to claim also adds greatly to its ultimate lack of tracability. I am simply saying over the coming years I believe this stock will quietly be liquidated to pay for his programs, with some probably accumulating in associates bank accounts as usually happens. I would wager, net net, that some mine in Venezuela will had some extremely good production in the near future and continuing for quite a while. :) I am sure the Chinese would be happy to buy this "excess" production. Just my prediction.[/QUOTE]
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