How Venezuela is turning its useless bank notes into gold

Venezuela's most successful financial operations in recent years have not taken place on Wall Street, but in primitive gold-mining camps in the nation's southern reaches. Ciara Lee reports......»»

Category: videoSource: reutersFeb 12th, 2019

Venezuela Selling Its Gold to UAE for Cash

$GLD Venezuela will sell 15 tonnes of gold from its central bank to the United Arab Emirates (UAE) in coming days in return for .....»»

Category: topSource: livetradingnewsFeb 1st, 2019

Venezuela Central Bank Begins Shipping 18 Tons Of Gold To UAE

Venezuela has sold and shipped three tons of central bank gold to the United Arab Emirates (UAE) on January 26 and is preparing to ship 15 more tons, according to R.....»»

Category: blogSource: zerohedgeJan 31st, 2019

Bank Of England Urged To Hand Over Venezuela"s Gold To Guaidó

Just hours after The Bank of England refused to hand over $1.2 billion of Venezuela's gold .....»»

Category: blogSource: zerohedgeJan 28th, 2019

Bank Of England Refuses To Release Venezuela"s Gold After US Lobbying

With Maduro desperately clinging to power in Venezuela - albeit pro.....»»

Category: blogSource: zerohedgeJan 27th, 2019

Bank of England denies Maduro"s bid to pull $1.2 bln in gold: report

The Bank of England denied a request by Nicolas Maduro, Venezuela's authoritarian ruler, to withdrawal $1.2 billion in.....»»

Category: topSource: marketwatchJan 25th, 2019

Bank Of England Refuses To Release Venezuela"s Gold

Three days ago, when we reported that following Trump's latest sanct.....»»

Category: blogSource: zerohedgeNov 8th, 2018

This Day In Market History: Wells Fargo Starts Converting Gold Dust To Bank Notes

Each day, Benzinga takes a look back at a notable market-related moment that happened on this date. read more.....»»

Category: blogSource: benzingaJul 13th, 2018

Troubled Venezuela Recovers Gold From Swap With Citigroup

Authored by Frank Knopers via, The central bank of Venezuela has paid $172 million to the American bank Citigroup to recover the gold it had swa.....»»

Category: blogSource: zerohedgeJun 6th, 2018

Sentiment Speaks: Why Is Central Bank Buying Of Gold So Important?

Sentiment Speaks: Why Is Central Bank Buying Of Gold So Important?.....»»

Category: topSource: seekingalpha2 hr. 0 min. ago

Russia"s Gazprombank freezes accounts of Venezuela"s PDVSA: source

Russian lender Gazprombank has decided to freeze the accounts of Venezuelan state oil company PDVSA and halted transactions with the firm to reduce the risk of the bank falling under U.S. sanctions, a Gazprombank source told Reuters on Sunday......»»

Category: topSource: reutersFeb 17th, 2019

Citi May Liquidate Over $1 Billion In Venezuela Gold Within Weeks

Back in April 2015, when Venezuela still had a somewhat functioning economy and hyperinflation was not yet rampant, the cash-strapped country q.....»»

Category: blogSource: zerohedgeFeb 16th, 2019

Central Bank Gold Binge Sparks Buying Signal

Gold prices have been down ever since the precious metal hi.....»»

Category: economySource: nasdaqFeb 16th, 2019

Barrick Gold downgraded to Hold from Buy at Deutsche Bank

See the rest of the story here. provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallFeb 15th, 2019

Bulgaria freezes accounts receiving millions from Venezuela

Officials in Bulgaria say they have frozen several bank accounts that received millions of euros transferred from Venezuela's state-owned oil company......»»

Category: topSource: foxnewsFeb 13th, 2019

Central Bank Gold Demand Spikes To Highest Level In Nearly 50 Years

Central Bank Gold Demand Spikes To Highest Level In Nearly 50 Years.....»»

Category: topSource: seekingalphaFeb 12th, 2019

Salvini Proposes Seizing Control Of Italy"s Gold Reserves From Central Bank

Italy's populist de facto leader Matteo Salvini seems set on shaking Europe's financ.....»»

Category: blogSource: zerohedgeFeb 11th, 2019

The Fed: Fed’s Bowman talks up community bank resilience as she notes pressures from commercial real estate, agriculture

In her first speech since joining the cent.....»»

Category: topSource: marketwatchFeb 11th, 2019

Russia"s Gazprombank says Venezuela"s PDVSA has not opened new accounts

Russia's Gazprombank said on Sunday that Venezuela's state-run oil company PDVSA opened accounts with the bank several years ago and has not opened any accounts recently......»»

Category: topSource: reutersFeb 10th, 2019

Exclusive: Venezuela shifts oil ventures" accounts to Russian bank - document, sources

Venezuela's state-run oil company PDVSA is telling customers of its oil joint ventures to deposit sales proceeds at an account it recently opened at Russia's Gazprombank AO, according to sources and an internal document seen by Reuters on Saturday......»»

Category: topSource: reutersFeb 9th, 2019

Russian Gold Find Brightens Ruble"s Future

Beneath a plot of land in southeastern Siberia lie vast stores of gold, according to Russia’s biggest gold producer, Polyus PJSC, and tapping them could provide the Russian central bank with a huge and nearly sanction-proof backstop for its currency......»»

Category: topSource: wsjFeb 8th, 2019