Thursday, October 29, 2015

Venezuela Sells Billions In Gold To Repay Its Debt

Hugo Chavez is rolling over in his grave.
Where did Venezuela obtain the funds needed to make these debt payments?

The answer: it has been dumping its gold, which its former ruler Chavez worked hard in 2011 to repatriate from London, and which its current president Maduro, just four short years later, is busy sending back to its creditors.

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