Saturday, November 26, 2011

Venezuela - Hugo Chavez recalled almost all of the country's foreign bullion reserves from Western banks.

Published on Nov 26, 2011 by
http://www.euronews.net/ A first shipment of gold bars has arrived in Venezuela after President Hugo Chavez recalled almost all of the country's foreign bullion reserves from Western banks.

More than 160 tonnes of gold worth more than 11 billion dollars will eventually be sent back to Venezuela. Most of the reserves are held in London.

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