Tony Enriquez / UKIPA Holdings
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Post by Tony Enriquez / UKIPA Holdings on Mar 5, 2015 20:23:52 GMT 4
The Central Bank of Venezuela is in the process of pledging $1.5B worth of gold to Deutsche Bank, Bank of America and possibly Citibank.
Each bank will receive allocation of $500M for this transaction.
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Post by Sapphire Capital on Mar 6, 2015 9:32:53 GMT 4
as long as the Gold is not in the Vault of the Bank outside Venezuel the security is not worth a dime but since I remember DB saying that the loss of 2B was peanuts I guess 500M is decided on the local housekeeper level
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