Thursday, August 18, 2011

Chavez wants his gold back... now.

Link to article

Nice.  First the stock market, then this.  I guess Chavez is another rat jumping ship.  Some look at him as crazy, others look at it as another sign....


  1. Just for spite, I'd freeze his assets and not let him get it back.

  2. I think it's a smart move. It's a physical asset you might as well have it with you in case of sanctions/shtf/needing to sleep on a bed of gold.

    Plus doing it's some saber rattling towards DC.

  3. Matt, we could, but I think we buy oil from him. Besides, I think he is working with Iran to get a nuke. Always a happy thought.

    Max, I love the needing to sleep on a bed of gold. I guess that's one way of storing it. May be uncomfortable, though.