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The Bank Of England refuses to return $550 million in gold bars | The Mesh Report

The Bank Of England refuses to return $550 million in gold bars

Mike Hammer November 8, 2018 Comments Off on The Bank Of England refuses to return $550 million in gold bars
The Bank of England has refused to return about $550 million in gold bars to Venezuela.
One London newspaper pointed at Nicolas Maduro, President of Venezuela, citing concerns that the gold may be “[sold] for personal gain.” Washington has already imposed trading sanctions against Venezuela, accusing Madura’s government of “looting” the country’s assets.
The Venezuelan government says it is working toward becoming a major gold exporter and is in the process of certifying 32 gold fields and building an even larger number of processing plants.  This story isn’t done playing out yet, and it will likely take a long while to have any effect on world markets.

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