| | |
|
Financial Times/Michael Stott/7-2-2020
“A British court has dealt a blow to attempts by Nicolás Maduro’s regime to access $1bn of Venezuelan gold held at the Bank of England by ruling that opposition leader Juan Guaidó had been ‘unequivocally’ recognised as Venezuela’s president by the UK. Mr Justice Teare said on Thursday that it was the British government’s prerogative to decide who was the legitimate head of state.”
USAGOLD note: $1 billion in gold is the equivalent of about a half day’s trading in the $40 billion per month London gold market.
| |
Read the rest of the article at
USA Gold
