If you don't hold it, you don't own it......

Discussion in 'Gold' started by Jim4silver, Jan 26, 2019.

  1. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    Don't think Trump is bothered about Venezuela. It costs money to get involved in other people's affairs. Why would you think Trump withdrew from Syria? Let others spend the billions. The trouble is even if the US doesn't bother, can Russia save Madura?
     
  2. alor

    alor Well-Known Member Silver Stacker

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  3. alor

    alor Well-Known Member Silver Stacker

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  4. alor

    alor Well-Known Member Silver Stacker

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  5. systematic

    systematic Well-Known Member

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    Politics was contrived to keep the average man in the street confused and stupefied so the lazy few can indulge themselves and live in opulence at their expense while making up stories of conflict and peril ...
     
  6. alor

    alor Well-Known Member Silver Stacker

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  7. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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  8. alor

    alor Well-Known Member Silver Stacker

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    must be the Taliban fighters in the plane to protect the palace
     
  9. alor

    alor Well-Known Member Silver Stacker

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    Refusal to hand over Venezuelan gold means end of Britain as a financial center – Prof. Wolff https://on.rt.com/9nc0
     
  10. Jim4silver

    Jim4silver Well-Known Member

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  11. Ian Gillman

    Ian Gillman Active Member

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  12. Jim4silver

    Jim4silver Well-Known Member

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    Of course they did. Would you expect them to admit it? Russia has much investment in Venezuela in their oil biz, etc. They know they won't ever get paid so they want some "security" backing up their position. I don't blame them a bit. I am just speculating of course.
     
  13. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    Do you mean give it back to China? You do know all the money in Venezuela is from China? :D

    Without Chinese money, Venezuela would have collapsed long ago.
     
  14. Jim4silver

    Jim4silver Well-Known Member

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  15. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    China has invested in excess of $50billion in Venezuela. The question is where all has the money gone? I think both China and Russia have been taken for a ride. With most of the money gone and Venezuela's economy in ruins, what do you do next?
     
  16. Jim4silver

    Jim4silver Well-Known Member

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    I believe that. That is why Russia grabbed some of their gold. They are smart.

    Where did the money go? The same place all dictators store their cash. Maybe he got pointers from some of the oligarchs in Russia?

    Every socialist country has people at the top taking the wealth while the populace struggles. If not, then why be a dictator/leader? There would be no fun in that if you couldn't plunder a bit, right?

    It's not much different than even in the US, but it is harder for the higher level politicians to steal so easily in the US. They have to hide it better. And they probably won't become billionaires like the socialist dictators/leaders/oligarchs, etc.
     
  17. bron.suchecki

    bron.suchecki Well-Known Member

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    I provided more detail on Australia's gold holdings and lending here and here. The return is actually 0.15% and is in line with market lease rates. It is also a net figure as there are no storage costs - leased gold is handed over to the borrower.
     
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  18. systematic

    systematic Well-Known Member

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    The monarchy would likely have a very firm view on who owns the gold and who the Bank of England really answers to ...
     
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  19. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    Perhaps it's just fee for the battalion of little green men?
     
  20. systematic

    systematic Well-Known Member

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    Always follow the money ... Russia, China, Venezuela etc are countries and long as people foolishly talk in terms of countries the people involved stay anonymous and out of scrutiny .... in other words stop being absurd about it ... it is childish and ridiculous discussing countries doing anything ...
     

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