Chavez Orders $11 Billion of Gold Home
• bloomberg.comVenezuelan President Hugo Chavez ordered the central bank to repatriate $11 billion of gold reserves held in developed nations’ institutions such as the Bank of England as prices for the metal rise to a record.
http://www.ft.com/intl/cms/s/0/99bc06d4-c900-11e0-aed8-00144feabdc0.html#axzz1VOomkwZf
Run like a rabbit! If you have ANYTHING in this ----hole country, get it out!
If $11 billion in gold is repatriated, it won't be long before it's somewhere else. At which time, El Presidente will likely retire or be retired.
You CAN bet that he won't move to Miami or deposit much with Chase.
(One wonders if that is $11 billion in today's value or in pre-scam dollars.)