🚨 #BreakingCryptoNews: VENEZUELA’S GOLD DRAIN EXPOSED 🚨
⭐ 113 METRIC TONS of gold shipped to Switzerland — vanished from reserves.
New customs data reveals that Venezuela exported 113 metric tons of gold to Switzerland between 2013–2016, worth roughly 4.14 billion Swiss francs (~$5.2 billion), during the early years of Nicolás Maduro’s presidency.
📦 The staggering breakdown:
• 113 tons of gold moved from Venezuela’s Central Bank reserves to Switzerland.
• Sent to refineries in one of the world’s biggest gold hubs for processing/certification.
• The gold exports stopped after 2017 when EU sanctions took effect and Switzerland tightened financial controls.
⏳ Why this happened:
Venezuela’s economy was collapsing — plummeting oil revenue, hyperinflation, and mounting sanctions forced Caracas to turn to gold sales for hard currency support. The central bank effectively used reserve gold as a lifeline.
🔥 What makes this explosive now:
This wasn’t just trade — it was selling the nation’s safety net during crisis. The gold should have served as financial backing; instead, it was moved abroad while citizens faced severe hardship.
❓ Big unanswered questions:
• Who profited from these gold transfers?
• Where did the proceeds actually go?
• Was this gold truly liquidated — or held by intermediaries after refining?
👀 Market & crypto angle — watch closely:
Gold flows this massive can ripple across energy, FX, and risk assets — especially during geopolitical uncertainty. In such environments:
• Bitcoin often reacts early
• Altcoins spike in volatility
• Risk assets like gold surge
Stay alert — this is about economic desperation, power, and money moving in the shadows.
#BTCVSGOLD #CryptoMarkets #GoldNews
(News sources based on latest customs and Reuters-linked reporting.)
