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🚨 Gold Alert — While everyone is watching oil! 🤔💰
Venezuela has 161 metric tons of gold (about 5.18 million troy ounces) worth nearly 22 billion dollars at a price of $4,300 per ounce! 📢
💥 The surprise:
Every $100 increase in the price of gold = +518 million dollars immediately.
🌎 Why is this important?
▪️ Venezuela has the largest gold reserve in Latin America
▪️ Controlling this gold could mean hundreds of billions of dollars in potential revenue for the United States
🤯 The big question:
Could that happen? And what could this mean for financial markets, the demand for the dollar, and the crypto market?
💬 Share your opinion and spread the news!
$PAXG — 4,352.1 (+0.29%)
#USGovernment #GoldMarket #CryptoMarketAnalysis #PAXG #MarketUpdate
Venezuela has 161 metric tons of gold (about 5.18 million troy ounces) worth nearly 22 billion dollars at a price of $4,300 per ounce! 📢
💥 The surprise:
Every $100 increase in the price of gold = +518 million dollars immediately.
🌎 Why is this important?
▪️ Venezuela has the largest gold reserve in Latin America
▪️ Controlling this gold could mean hundreds of billions of dollars in potential revenue for the United States
🤯 The big question:
Could that happen? And what could this mean for financial markets, the demand for the dollar, and the crypto market?
💬 Share your opinion and spread the news!
$PAXG — 4,352.1 (+0.29%)
#USGovernment #GoldMarket #CryptoMarketAnalysis #PAXG #MarketUpdate
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.