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montanamark

12/28/02 9:36 PM

#59677 RE: Smart_Money #59672

thxs for the article. the amount of gold mentioned is much less
than prior reserve amounts for Venezuela see
http://www.sharelynx.net/Papers/GGH2.htm

i'm looking for more up to date data on their reserves.
didnot realize things there were so tense

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Public Heel

12/28/02 9:49 PM

#59681 RE: Smart_Money #59672

I'd take that article with a big grain of salt, as the authors are clearly biased against Chavez. Their reference to his refusal "to allow free and fair elections" gives them away. He was freely and fairly elected, arguably more so than our own president, and he is under no obligation to call for elections ahead of schedule.

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montanamark

12/28/02 9:58 PM

#59683 RE: Smart_Money #59672

i found better figures from nov of 2002

http://www.gold.org/value/official/statistics/images/title-statistics.gif

as you can see venezuela supposely has 356.4 tonnes.
the figure released by the military (10 tonnes) is a small portion of that.
where is the balance?