"Show me your gold. . ."
derryb
Posts: 36,836 ✭✭✭✭✭
. . . says Bank of America to Venezuela
As one commenter noted, "It's quite sad when Venezuela's Central Bank demonstrates more transparency with its assets than The Federal Reserve."
As one commenter noted, "It's quite sad when Venezuela's Central Bank demonstrates more transparency with its assets than The Federal Reserve."
Natural forces of supply and demand are the best regulators on earth.
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Gold accounts for about 71 percent of Venezuela’s $21.4 billion of foreign reserves
Venezuela has $21 billion. Apple has $130 billion.
Interesting..
Knowledge is the enemy of fear
Natural forces of supply and demand are the best regulators on earth.
A newbie stock trader will often boast of his returns while a seasoned veteran will not.
Knowledge is the enemy of fear
…from a couple years ago.
Or paraphrasing a dictator communist : "You know it's the Capitalist's fault."
It's not surprising Venezuela has Gold, Chavez was a gold "enthusiast" as well as an above average conspiracy theorist, of course, he made a big political story about bringing it in from the US. and JP Morgan when gold was 20% higher.
Shockingly a few here speculated, this would cause a major reaction, Ok that's not shocking, JK..
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Golden!
I Like Gold