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Non-Tech : The Woodshed

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From: teevee8/26/2017 10:41:06 AM
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Is it time to take a short position on gold? "The government and PDVSA have around $4 billion in debt payments coming due before the end of the year but only $9.7 billion in international reserves on hand, the vast majority consisting of gold ingots that are hard to trade immediately for cash."

boereport.com

If I recall correctly, a lot of Venezuelan gold has been lodged with Goldman Sachs as security for loans.
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