💥 JUST IN: Venezuela Quietly Moved 113 Tons of Gold to Switzerland 🇻🇪🇨🇭
Customs data reviewed by Reuters confirms that between 2013–2016, Venezuela transferred 113 metric tons of gold from its central bank to Swiss refineries, worth roughly $5.2B USD at the time.
🔍 What Was Going On: • Switzerland is a global hub for gold refining and certification
• These transfers happened during Venezuela’s deepening economic stress and falling oil revenues
• Gold shipments largely stopped after 2017, as sanctions and financial pressure intensified
• Swiss authorities later froze assets linked to Venezuelan officials — though a direct link to these gold flows remains unclear
🧠 Why This Matters: Gold isn’t just a reserve — it’s financial leverage.
In times of crisis, nations often move gold abroad to access liquidity, secure financing, or maintain global market access.
Venezuela’s gold movements show how resource-rich countries manage survival under extreme economic pressure.
⚠️ Important Context: This is not a “lost gold” story.
The transfers were real and documented.
What remains unclear is how the proceeds were used and where all refined gold ultimately ended up — questions still under public and regulatory review.
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