đš BREAKING: Venezuelaâs $5.2B Gold Outflow to Switzerland Revealed đ»đȘđȘ
Fresh Swiss customs data exposes that Venezuela shipped 113 metric tons of central bank gold to Switzerland from 2013â2016 (early Maduro years), worth:
â 4.14 billion Swiss francs (CHF)
â $5.20 billion USD
(Rough equivalent at the time: ~âŹ4.7â5 billion EUR, depending on exchange rates)
Key Facts:
Gold drawn directly from Venezuelaâs central bank reserves
Likely refined/certified in Switzerland (worldâs top gold hub)
Exports stopped completely after 2016 â zero shipments from 2017â2025 due to EU sanctions (2017) and Switzerland aligning in 2018
Why It Happened: Facing collapsing oil revenues, hyperinflation, and rising sanctions, the Maduro government sold off strategic gold reserves as a desperate way to get hard currency and keep the regime running.
Why It Matters Now (2026): This massive reserve depletion happened amid national crisis â while citizens suffered extreme hardship. Questions remain about:
Where the billions went
Accountability & possible misuse
Recent trigger: Switzerland froze assets of NicolĂĄs Maduro + 36 associates (Jan 5, 2026) after his capture.
This isnât just history â itâs a stark reminder of geopolitical risk, economic desperation, and national asset management on the global stage.
Watch closely in macro narratives: $BABY
trending amid these developments.
Whatâs your take â mismanagement, survival strategy, or something darker? đ„