Community | November 30, 2011 | 0 comments

Venezuela pulls Gold Reserves from Western banks

source: http://www.makeahistory.com/index.php/recent-news/43031-venezuela-pulls-gold-reserves-from-w...

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The gold was escorted through Caracas by troops and armoured vehicles. It was unloaded from a plane and taken under heavy guard to the Central Bank in the capital, Caracas. President Chavez has explained the move as an act of sovereignty that will protect Venezuela's reserves from global economic turbulence. However, critics say it is expensive and unnecessary. http://www.makeahistory.com/index.php/recent-news/43031-venezuela-pulls-gold-res...
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