“He’s called up the Bank of England and he’s asked the Bank of England to ship the gold back to Venezuela and he’s built new vaults in Venezuela to hold his gold.
Taking that altogether, what does it all mean? Well, the reserve part of it, moving the dollars out of BIS and moving it into Russian and Chinese banks tells me that he’s worried about a freeze. He’s worried about some kind of confrontation with the United States number one, but he’s probably worried the dollar itself.
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