The Bank Of England refuses to return $550 million in gold bars
The Bank Of England refuses to return $550 million in gold bars
The  has refused to return about $550 million in gold bars to , President of Venezuela, citing concerns that the gold  Washington has already imposed trading sanctions against Venezuela,  of “looting” the country’s assets. The Venezuelan government says it is working toward becoming a major gold exporter and is in the process of certifying 32 gold fields and building an even larger number of processing plants.  This story isn’t done playing out yet, and it will likely take a long while to have any effect on world markets.  You can read more about it in today’s featured article…

Bank of England Refusing Venezuelan Request to Return $550 Mln in Gold – Report