Quote: Originally Posted by Colpy
Venezuela, once again proving that socialist control of the means of production is very good for the economy.....if you're an undertaker.
Of course it does, Dear.
For the rest:
Coincidence? Venezuela Green Lights Russia to Mine Gold, Days Later US Attempts Overthrow
For those who may be unaware, the proven oil reserves in Venezuela are known to be the largest in the world, totaling 297 billion barrels. In December, Caracas and Moscow signed a $5 billion investment deal to raise Venezuela’s oil production by one million barrels per day. This move was done to counter the effects of US sanctions which have been crippling the country and raised many neocon eyebrows.
What’s more, aside from their proven oil deposits, Venezuela is also known for its extremely rich gold deposits. Also in December, Caracas gave the green light to Russia to begin mining gold inside their country.
“As for Russia’s participation in gold-mining or other mining projects, Venezuela has made a wide range of interesting proposals that are currently under consideration by interested Russian operators,” the ambassador said.
Because of their rich deposits and need to subvert US sanctions and a weaponized US dollar, Venezuela has become the 25th largest holder of gold in the world making them a direct threat to the global banking system.
To think that the US interests in Venezuela are purely humanitarian is not only asinine but it blindly ignores decades of US interventionism highlighting the contrary
—especially considering what happened in Libya.
has previously reported
, on October 20th, 2011, the West took it upon itself to use NATO to overthrow Gaddafi — not for any humanitarian threat to civilians as had been repeatedly claimed and is the alleged impetus behind the coup in Venezuela — but because his planned roll-out of a new currency to be used across Africa posed a palpable existential threat to central banks at the heart of the Western financial and political system.
In fact, before Washington’s endorsement of Guaido, Venezuela was carrying out a similar plan. President Recep Tayyip Erdogan recently launched a gold trade with Maduro. But this was not simply moving gold from one place to another. Maduro announced that he was moving his entire refining operation directly to Turkey in a direct move against the Western monetary controlled sanctions.
Now, we find ourselves on the precipice of an all out invasion of their country. Go figure.
The US State Department has ordered non-emergency employees in Venezuela to leave the country and urged US citizens there to "strongly consider" doing so, the US Embassy in Caracas has told Reuters.
On Wednesday, following US recognition of the virtually unknown Juan Guaido as Interim President of Venezuela, Venezuelan President Nicolas Maduro gave all US diplomatic personnel 72 hours to leave the country. The following day, US Secretary of State Mike Pompeo said before the Organization of American States that as the US no longer recognized Maduro as the legitimate leader of Venezuela, US diplomats weren't obliged to obey his dictates.