💥 JUST IN: Venezuela’s Gold Transfers to Switzerland 113 Metric Tons Confirmed 🇻🇪🇨🇭
New customs data reviewed by Reuters shows that between 2013 and 2016, Venezuela quietly exported 113 metric tons of gold from its central bank to Swiss refineries, valued at roughly $5.2 billion USD at the time.
What Really Happened:
• The gold was sent to Switzerland a global hub for precious metal refining and certification during a period of economic stress and declining oil revenue.
• These transfers largely ceased after 2017 when sanctions and economic pressures intensified.
• Swiss authorities have also froze assets tied to Venezuelan leaders, though the exact link to these gold transfers remains unclear.
🧠 Why This Matters:
Gold reserves are a strategic financial resource often used as collateral, hard currency, or leverage in global markets.
Venezuela’s movement of such a large amount of gold highlights how resource‑rich nations under severe economic strain may deploy reserves abroad during crises.
⚠️ Important Note:
This is not verified as “vanished treasure” the transfers were real and documented, but what ultimately happened to the proceeds or where all the refined gold ended up is still a matter of public and regulatory investigation.
#Venezuela #GoldTransfers #GlobalMarkets #Geoeconomics
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