Saturday, August 20, 2011

Venezuela to Repatriate Up to $11 Billion Gold Reserves from U.S., Europe

Venezuela's popular democratic President Hugo Chavez said that the recall of the gold reserves is intended to help protect this oil-producing country from the economic woes in the United States and Europe, adding he wants to eliminate the "dictatorship of the U.S. dollar".
"This is a healthy decision. We're going to start to bring back our gold to the Central Bank," Chavez said in a telephone call broadcast live on state television.  Mathaba...




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