🛑 VENEZUELA’S $5B GOLD SECRET — UNCOVERED
🔍 Key facts confirmed:
• Venezuela shipped 113 metric tons of gold to Switzerland between 2013–2016 — from central bank reserves during a deep economic crisis.
• The gold was worth about 4.14 billion CHF (~$5.20 billion) and likely refined and resold through Swiss markets.
• These exports stopped after EU sanctions in 2017 and adoption of those sanctions by Switzerland.
💰 Why traders should watch:
• Liquidation of national gold reserves can signal capital flight and reserve stress.
• Such dynamics often put downward pressure on local currency and heighten safe-haven demand.
• Gold market reaction influences liquidity, sentiment, and risk flows.
📈 Assets to monitor:
| $XAU
| $GUN
Gold moves impact markets — when sovereign reserves are sold, traders pay attention. 🔍📊