Wednesday, August 17, 2011

Venezuela Withdrawing Assets From US

I was surprised when I read, that Venezuela even has gold and cash reserves in the U.S.. As much rhetoric Chavez has spewed over the years against the U.S. and their policies, they have kept cash and gold stored in the U.S.?

Venezuela has 11 Billion of Gold stored in the United States and 6 Billion of cash.

They are now looking at transferring the cash reserves to other countries to hold. (China, Russia, Brazil) and would get their gold back into Venezuela.

I can't imagine the U.S. just letting the gold go, because they most likely have leased or sold it. The gold the U.S. will eventually ship (unless they decide to go to war with Venezuela before hand, just so they can freeze and keep the cash and gold) will most likely be tungsten filled. I would advise Chavez to have the gold tested when/if they get it back in the country.

Why any country would still have their reserves and gold in the United States is beyond me. The U.S. out right stole 700 Billion dollars from Taiwan and I mean out right stole it! 700 Billion was being transferred from the Bank of Taiwan to a trust account in the U.S.

The Fed decided they wanted the money and literally took it, just because they could. Lawsuits are still going on over it. Funny enough the Tropos CEO has since been arrested for investment fraud. But it seems all the charges are trumped up and false, it is simply because the Fed and U.S. Treasury doesn't like the fight for the 700 Billion they stole.

Quite a few have written about it, including Harvey Organ - it is towards the bottom his post linked. Another post is here. Needless to say, only alternative media has touched this subject, you won't find it on MSM, but the suits are also online proving it really did happen

NOTE: Once the US runs out of enemies of the day in the Middle East, which countries will be next? Why can't they be like a shark frenzy and turn on themselves?

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