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Old 19th Aug 2011, 00:55
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my oleo is extended
 
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interesting :-) gold at $1827oz today..... another record...again.
Nice price !!
As for Venezuela, maybe it is a very prudent move ? Think about it, the worlds most powerful nation is broke. They are so desperate that under false pretencies they raided Libya and confiscated billions of dollars of so-called 'dirty money'. Maybe the bully boy antics of Uncle Sam will include raiding the gold supplies of weaker nations also ? Why not, desperate times equal desperate measures perhaps ? It is probably less risky stashing your gold supplies in China and Russia than leaving it in Venezuela where the USA could come in under some sort of 'military need' and pinch the lot..
This worldwide problem is hotting up. Obama's 'financial armageddon' edges closer.
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