Oil is the headline... but gold is the full story.
- We thought the battle in Venezuela was only about "black gold"... But the numbers reveal another face of the conflict, more dazzling and more resilient.
Venezuela is not just floating on a sea of oil, but also holds 161 tons of gold in its vaults. We are talking about the largest reserve in Latin America, with an estimated value of up to $22 billion (at price levels of $4,300 per ounce).
The financial equation here is terrifyingly precise: Every slight increase ($100) in the global gold price, automatically adds more than half a billion dollars to the value of these assets.
The question currently circulating in closed rooms is not just about "regime change"... But: who will hold the keys to these vaults? And who will control this massive monetary cover?
Politics always moves where tangible assets are.
In your opinion... Will we witness a "transfer of ownership" of these reserves soon under the guise of sanctions or protection?
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Oil is the headline... but gold is the full story.
-
We thought the battle in Venezuela was only about "black gold"...
But the numbers reveal another face of the conflict, more dazzling and more resilient.
Venezuela is not just floating on a sea of oil, but also holds 161 tons of gold in its vaults.
We are talking about the largest reserve in Latin America, with an estimated value of up to $22 billion (at price levels of $4,300 per ounce).
The financial equation here is terrifyingly precise:
Every slight increase ($100) in the global gold price,
automatically adds more than half a billion dollars to the value of these assets.
The question currently circulating in closed rooms is not just about "regime change"...
But: who will hold the keys to these vaults?
And who will control this massive monetary cover?
Politics always moves where tangible assets are.
In your opinion...
Will we witness a "transfer of ownership" of these reserves soon under the guise of sanctions or protection?
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