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ftbt Offline OP
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.... Well ... maybe according to Bloomberg. And the destination? How does Russia sound, as it is being reported that an empty Boeing 777 landed in Caracas on Monday.

Venezuelan lawmaker Jose Guerra dropped a bombshell on Twitter Tuesday: The Russian Boeing 777 that had landed in Caracas the day before was there to spirit away 20 tons of gold from the vaults of the country’s central bank. Guerra is a former central bank economist who remains in touch with old colleagues there. For another, a person with direct knowledge of the matter told Bloomberg News Tuesday that 20 tons of gold have been set aside in the central bank for loading.

The Ruskies know how to get what is owed to them.

See:

https://www.bloomberg.com/news/arti...f-gold-ready-to-ship-destination-unknown

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Two possibilities: Either it is Venezuela paying its huge debts to Russia, OR it's Maduro trying to rob the country blind. But now that the feline has escaped the burlap, you can bet that Russia will make sure it gets the lot. One way or another.


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The people are being robbed.

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They did the same thing in Spain during their Civil War.


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Dictators never go into exile broke.


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Originally Posted by mtnsnake
The people are being robbed.



Same as here.


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Originally Posted by mtnsnake
The people are being robbed.

Since when is it robbery to collect on a debt? They owe Russia BILLIONS.


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Originally Posted by rockinbbar
Originally Posted by mtnsnake
The people are being robbed.



Same as here.


If we had any gold.


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Originally Posted by Dan_Chamberlain
Dictators never go into exile broke.


If that's what it is, then maybe it's a good sign. However, when you consider what Venezuela owes to both Russia and China I don't think the Chicoms or the Ruskies would allow the Venezuelan bus driver to get too far with that much loot.

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Let's look at the math:

20 tons = 40,000 lb. = 640,000 oz. At a spot price of $1,306/oz., 20 tons is worth about $834,840,000!

This is a far cry for the billions owed by Venezuela to Russia, but it's a start.

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Maduro robbing the people would be my guess. I don't think he's all that interested in making the Russians whole.


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Kinda dumb to put that much gold into one plane to go down over water. You would think Maduro wouldn't want to put all his plunder in one basket.

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Originally Posted by djs
Let's look at the math:

20 tons = 40,000 lb. = 640,000 oz. At a spot price of $1,306/oz., 20 tons is worth about $834,840,000!

This is a far cry for the billions owed by Venezuela to Russia, but it's a start.


Roughly the value of 14 supertanker loads of crude.

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Originally Posted by ohhunter1
Kinda dumb to put that much gold into one plane to go down over water. You would think Maduro wouldn't want to put all his plunder in one basket.



Betting that's not the mother lode of what he's taking.

Oh, and btw, phugk Venezuela, anyway.


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What, the socialist leaders lied and robbed the country? Is that what they mean by equality for all?


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Originally Posted by djs
Let's look at the math:

20 tons = 40,000 lb. = 640,000 oz. At a spot price of $1,306/oz., 20 tons is worth about $834,840,000!

This is a far cry for the billions owed by Venezuela to Russia, but it's a start.




I'm sure you'd rather Mother Russia get the loot; but we should have come first


https://tradingeconomics.com/venezuela/external-debt



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Just another socialist utopia that hasn't run out of other people's money yet. But they're getting there fast. Just wait until ALL the money, gold, and other assets are gone.

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Originally Posted by djs
Let's look at the math:

20 tons = 40,000 lb. = 640,000 oz. At a spot price of $1,306/oz., 20 tons is worth about $834,840,000!

This is a far cry for the billions owed by Venezuela to Russia, but it's a start.

Close enough possibly, but gold is weighed in Troy. It also looks like you dropped a place somewhere.

6,430,200 Troy ounces in 200 metric tons
6,533,333 Troy ounces in 200 long tons
5,833,335 Troy ounces in 200 short tons (US)
Or:
$8,397,841,200
$8,532,532,898
$7,618,335,510


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Sorry, Sitka, your numbers are even more messed up.


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Sorry, Sitka, your numbers are even more messed up.


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