Aug 18, 2011

Chavez emptying Bank of England vault

We’ve held 99 tons of gold at the Bank of England since 1980. I agree with bringing that home. It’s a healthy decision.

If there isn’t enough room to store the gold in the central bank vaults I can lend you the basement of the Miraflores presidential palace.



~Venezuelan President Hugo Chavez, "Chavez emptying Bank of England vault", Bloomberg, August 17, 2011

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