26 November 2011

VENEZUELA : Caracas Receives Tons Of Gold Bullion.


     The first shipment of tons of gold bullion arrived safely in Caracas...after President Hugo Chavez ordered repatriation of 85% of its gold reserves from overseas.
     More than 500 soldiers and armored vehicles reportedly guarded the shipment sent by plane.
    Chavez has ordered...some 160 tons of bullion...worth over $11bn...returned to Caracas.  
    Much of it is reportedly stored in London.
    "The gold is returning to where it was always meant to be: the vaults of the Central Bank of Venezuela," said Chavez.