Should the UK return the Venezuelan gold?

[Jet Cash]

Well of course the simple answer is YES, but to whom should it be given. Opinion seems to think that it will be taken by Maduro if he gets it, and Juan Guaidó is an American puppet introduced to create a regime change to favour the US. If Guaidó gets it, then some people think it will disappear in the same way that the Libyan bank deposits vanished after the removal of Gaddafi.

I'll go out on a limb, and say that the gold should only be returned when a true democratically elected president is in power, and the money can be used to help rebuild the economy. It is an important asset for Venezuela, and it shouldn't be allowed to fall into the hands of the banking elite.

[bitmover]

Well of course the simple answer is YES, but to whom should it be given. Opinion seems to think that it will be taken by Maduro if he gets it, and Juan Guaidó is an American puppet introduced to create a regime change to favour the US. If Guaidó gets it, then some people think it will disappear in the same way that the Libyan bank deposits vanished after the removal of Gaddafi.

I think it should be given back to Venezuela treasure, but neither of them should be able to get it.

First guaido needs to make an election, as he is only interim president. Whoever is elect will be the president, democratic legitimate.

After this election, they should receive the money imo. Of course my opinion means nothing lol.

I don't think guaido is a puppet. Maduro became much more a Cuba/Russia/China puppet than guaido is /will be.

Maduro is weak and not popular. Nobody wants him there, only the military. If he loses this support he is out. On the other hand, anyone who is not from the Communist party will have population support, and guaido is one of those guys (not the most popular)

[Jet Cash]

Guaidó gained a degree in public administration at George Washington University. and many feel that this may have given him a bias towards the globalists. Here is a quote from the GWU website

In January 2019, seven GW alumni were inaugurated into the 116th Congress— but it doesn’t stop at Capitol Hill. Our students go on to be journalists, researchers, teachers, designers, engineers and more. They aim to change the world in a wide variety of fields with diverse skills sets they honed in the classrooms of the George Washington University. How can GW prepare you to make an impact?

This smacks of the Eton/Oxford elite who control so much of the world, including the EU, Britain, and the US. It is noteworthy that they are strong supporters of him. I see that the US is moving heavy mobile weapons into Columbia, and this is probably to assist in the removal of Maduro, and the suppression of a Venezuelan version of the gilet jaune movement.

[bitmover]

Guaidó gained a degree in public administration at George Washington University. and many feel that this may have given him a bias towards the globalists.

Imo, Latin America socialists are much more inclined to globalism. Chaves/Maduro , Lula and Fidel were moving towards forming a  block in Latin America (pátria grande). You may find some official info about it in Wikipedia or their official website http://forodesaopaulo.org/

Here in Brazil Lula was a great UN supporter, and everything else globalists do. He was a great supporter of Obama, who also has good relations with him.

Bolsonaro election was a somehow motivated by the total failure of this agenda, especially when we began to donate billions of dollars to Cuba, Venezuela, Angola...

Maybe guaipo is also inclined towards globalism, but in a lesser degree, and with better allies.

At least he will allow elections, and most important:will allow people to eat and rebuild the country.

[TECSHARE]

As soon as Maduro is gone. He is like the meth addict cousin you can't leave alone in your house because everything of value will go missing.

[Artemis3]

Well of course the simple answer is YES, but to whom should it be given. Opinion seems to think that it will be taken by Maduro if he gets it, and Juan Guaidó is an American puppet introduced to create a regime change to favour the US. If Guaidó gets it, then some people think it will disappear in the same way that the Libyan bank deposits vanished after the removal of Gaddafi.

I'll go out on a limb, and say that the gold should only be returned when a true democratically elected president is in power, and the money can be used to help rebuild the economy. It is an important asset for Venezuela, and it shouldn't be allowed to fall into the hands of the banking elite.

Funny you brought this here, because today came news about the Maduro regime hastily selling gold to the United Arab Emirates, and there are rumors gold was sent in "that Russian plane", possibly with their families.

That gold belongs to Venezuela. Soon the Maduro regime will end and logically those reserves should remain as such, in storage.

Exclusive: Venezuela plans to fly central bank gold reserves to UAE
‘Novaya Gazeta’ reports Russia helped sell Venezuelan gold. Russia’s Central Bank denies it.

That question should not be not be addressed to the UK (who is safekeeping part of our gold reserves by OUR request), but to Russia and the UAE who seem happy to launder it...

[sheenshane]

Golds in Venezuela should be returned. The United Kingdom must return the gold under Maduro's administration and that's my personal opinion. Maduro is considered as the temporary President of Venezuela and is more reliable compared to the puppet Guaido. Maduro owns the gold so he has the rights to get it. I don't know why the UK keeps on blocking the gold withdrawal by Maduro maybe because the U.S whispered to them to block it.(IMO)

[TalkStar]

IMO Maduro is the owner of those gold because he is the president of Venezuela now. It doesn't matter temporary or not. It can be another funny joke of president trump as he is doing with mexcian border fence issue.

In recent news its kinda clear that Russia, China, Iran supporting Maduro which can be another reason. Finally its nothing but a game of global politics.

[bitmedia]

Should... Rather ask if UK will ?

[BestSSS]

Well of course the simple answer is YES, but to whom should it be given. Opinion seems to think that it will be taken by Maduro if he gets it, and Juan Guaidó is an American puppet introduced to create a regime change to favour the US. If Guaidó gets it, then some people think it will disappear in the same way that the Libyan bank deposits vanished after the removal of Gaddafi.

I'll go out on a limb, and say that the gold should only be returned when a true democratically elected president is in power, and the money can be used to help rebuild the economy. It is an important asset for Venezuela, and it shouldn't be allowed to fall into the hands of the banking elite.

While in power in Venezuela will not come a man who will be able to stabilize the situation whether it is Maduro or Guido, the meaning of the return of gold yet.
Yes, logically, these 550 million dollars would help the country in solving many problems, but based on inflation of 400-500% over the past 4 years, all this money will disappear in a matter of minutes.

[Jet Cash]

I've spoken to a few Venezuelans, and they seem to think that the gold should stay where it is until a proper democratic government can be elected. They seem to think that if the gold is returned at the moment, then it will be stolen ( diverted ) no mater who gets it at the moment.

It's really time the US got out from under the control of the morphed British Empire. They are destroying the country with all their intervention. The sanctions on Russia weakened the US, and it strengthened Russia, and led to the creation of various projects to replace the US ones. The oil embargo on Venezuela has added 2 cents to the cost of oil in the US, and is leading to the bankruptcy of the special refineries that were created to process the high quality Venezuelan oil. In the meantime, Venezuela is setting up alternative trading agreements that won't be using the US dollar.

[bitmover]

The oil embargo on Venezuela has added 2 cents to the cost of oil in the US, and is leading to the bankruptcy of the special refineries that were created to process the high quality Venezuelan oil. In the meantime, Venezuela is setting up alternative trading agreements that won't be using the US dollar.

Just a small observation, Venezuelan oil is a very low quality oil. The lighter, the better. It's a very heavy oil and requires specialized refineries made almost exclusively for its oil.

From Wikipedia
https://en.m.wikipedia.org/wiki/Oil_reserves_in_Venezuela

Venezuela's crude oil is very heavy by international standards, and as a result much of it must be processed by specialized domestic and international refineries.

They are probably overestimated also...

[Jet Cash]

My point was that the US has built such refineries, and it is allowing them to go bankrupt because they aren't easy to convert, The loss of their output has pushed up prices in the US. I'm not an oil expert, but I believe that the heavy oil id actually of higher quality, and, yes, it has to be mixed with lighter oil to simplify processing. I think Sweetlight crude is used for this. The sanctions appear to be more damaging to the US than to Venezuela. China seems to be buying the oil at discounted prices, and this gives them another edge over the US.

[mayo2u]

How did the UK get the gold? I must have missed something here.

[Quickseller]

How did the UK get the gold? I must have missed something here.

It is on deposit at their central bank.

The current government is doing very bad things to their citizens and anything of value given to the current government will be turned into resources that will help the current government stay in control (and continue starving, arresting without cause, and murdering their citizens).

Once democracy is restored, the gold can be released. Obviously, socialism must also be done away with too.

[Lauda]

-snip-
The current government is doing very bad things to their citizens and anything of value given to the current government will be turned into resources that will help the current government stay in control (and continue starving, arresting without cause, and murdering their citizens).

Have you looked into a mirror recently to figure out which country has been doing this for decades? The US Warmongers need to stay out; if the current regime is to be overthrown, then it should be done without outside intervention.

Once democracy is restored, the gold can be released. Obviously, socialism must also be done away with to.

The US doesn't give two ducks about any democracy; they care about the Oil and the Russian/Chinese investments in the country.

[Quickseller]

-snip-
The current government is doing very bad things to their citizens and anything of value given to the current government will be turned into resources that will help the current government stay in control (and continue starving, arresting without cause, and murdering their citizens).

Have you looked into a mirror recently to figure out which country has been doing this for decades? The US Warmongers need to stay out; if the current regime is to be overthrown, then it should be done without outside intervention.

The US taxes its citizens' income, and takes approximately 50% of income at the most, but the majority pay much less, and even those who earn a lot can lower this to roughly 28% via simple, legal tax strategies (long term capital gains). Taxes paid in the US more or less goes to providing services for the country as a whole, defending the country or goes to the less well off. Venezuela has seized nearly all income and resource producing assets, and including (hyper)inflation that the government directly causes, taxes its people at an effective rate at over 99%. Tax revenue in Venezuela largely benefits the political elite and well connected.

Citizens are free to criticize those in power in the US without consequence from the government, while those in power in Venezuela will see those who criticize (who have influence) arrested on bogus charges, or otherwise are subjected to violence from the government.

[Lauda]

The US taxes its citizens' income, and takes approximately 50% of income at the most, but the majority pay much less, and even those who earn a lot can lower this to roughly 28% via simple, legal tax strategies (long term capital gains). Taxes paid in the US more or less goes to providing services for the country as a whole, defending the country or goes to the less well off. Venezuela has seized nearly all income and resource producing assets, and including (hyper)inflation that the government directly causes, taxes its people at an effective rate at over 99%. Tax revenue in Venezuela largely benefits the political elite and well connected.

The exact same thing can be stated for the US; and if you claim otherwise you must be delusional. Do you need more bailouts and golden parachutes to prove otherwise? Can't afford medical care, but can afford to wage war on innocent countries/people.

Citizens are free to criticize those in power in the US without consequence from the government, while those in power in Venezuela will see those who criticize (who have influence) arrested on bogus charges, or otherwise are subjected to violence from the government.

The same is mostly correct for Venezuela; stop reading massive media false news made in the US. Start reading independant media; i.e. media that actually has no corporate interests and written by the people that went to Venezuela to check it out.

[Jet Cash]

Funny you brought this here, because today came news about the Maduro regime hastily selling gold to the United Arab Emirates, and there are rumors gold was sent in "that Russian plane", possibly with their families.

I posted this in the Fit to Talk project, and I hoped to get some replies from Venezuelans.

Venezuela is selling a large consignment of gold to the UAE, and I find the political ramification quite fascinating. Because of the US sanctions, Venezuela is probably having to offer a 5% or so discount on the price, and the UAE will be able to melt the gold and recast it, and thus gain its full value. They are paying in Euro, and it is not clear how this money will be used. It is claimed that it will be used to purchase food, but it is more likely that it will be used to purchase light crude oil to replace the oil it purchased from the US. This can be mixed with the heavy Venezuelan oil to create a product that can be sold on the open market. This has two damaging effects on the US. Not only is it depriving the US of a useful oil exchange, but it is introducing yet more oil sales that are not based on the dollar. Maduro will be gaining the revenue from both the sale of the gold, and the sale of the heavy Venezuelan oil, and this could well be diverted.

So what can the US do about it> Not a lot in my opinion. The UAE is assisting the US in its attempt to force regime change in Iran, so they won't want to rock that boat. There is also the problem of Maduro's grasp on the army. The US want a number of senior Venezuelan army officers to be prosecuted for drug offences and other alleged crimes, so they are likely to continue to support Maduro.

I'll try to get some more info,and take the article to the political board here.

[mayo2u]

How did the UK get the gold? I must have missed something here.

It is on deposit at their central bank.

The current government is doing very bad things to their citizens and anything of value given to the current government will be turned into resources that will help the current government stay in control (and continue starving, arresting without cause, and murdering their citizens).

Once democracy is restored, the gold can be released. Obviously, socialism must also be done away with too.

Ah. OK. We're referring to deposited monies owned by the Venezuelan government. If a government considers another government illegitimate then putting a freeze on the deposited monies is a hostile act tantamount to an act of war. But the monies still belong to the Venezuelan government.  Should another government come in to power, that is considered legitimate, the monies ought to be returned.

It was foolish for Maduro and company to keep a large amount of funds oversees.

A key question would be - if the monies were in the name of Maduro, or his wife and children (assuming he has a wife and children), that would yet another tricky question.