🚨 #BREAKING : VENEZUELA’S GOLD DRAIN EXPOSED — 113 TONS VANISHED! 🛢️🥇
New data from Swiss customs and Reuters reveals that Venezuela shipped a massive 113 metric tons of gold to Switzerland between 2013–2016 under Nicolás Maduro’s early leadership — worth roughly $5.20 billion (4.14 b CHF). This gold came from the Central Bank’s reserves at a time when the country was trying to raise hard currency amid severe economic collapse and sanctions.
📦 Key facts:
• 113 metric tons of gold shipped to Swiss refineries.
• Valued at around $5.2 billion.
• The exports stopped after 2017 when EU sanctions (later adopted by Switzerland) cut off the channel.
• Switzerland has now frozen assets linked to Maduro and associates following his capture.
🧠 Why this matters:
This was not regular trade — it was distress selling of national gold reserves during economic collapse. Huge questions linger:
❓ Where did the money go?
❓ Who benefited from these sales?
❓ What does this mean for Venezuela’s economic recovery?
Market spin — watch: Gold price action, risk sentiment shifts, and sovereign risk perception… could this redefine how markets price political tail risk and commodity reserve depletion? 👀
