Loading ...Wonder why Venezuela just didnt put their gold up on the free market instead of getting in bed with Citi on some complicated gold loan ? Seems the simplest (best ) thing would have been to offer their gold at fair market value. Im sure China (for one) would have been thrilled to have exchanged some worthless paper ( U.S. treasuries ) for the million oz of gold. A transaction that could have easily been done overnight, and Venezuela could have paid a few debts. Just wondering…??
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