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Phil A
Member since May 2012
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Chavez flies Venezuela gold home to avoid EU turmoil - Telegraph -

How smug must Hugo Chavez be feeling right now as he recieves his countries gold bullion whilst HSBC and individual investors start legal wrangles over who owns which gold bars after the MF Global disaster. The "HYPOTHECATION" iceberg has been officially hit and the hull has been breached!

Commented 4516 days ago

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Beginning of the headline :Billions of dollars worth of gold is being flown around the globe in a massive drive to bring home Venezuela’s riches from the West. Officials are under orders from Hugo Chavez, the country’s socialist president, to repatriate the nation’s gold reserves against the backdrop of a wider effort tonationalise its gold sector... Read More

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