Archived material Access restricted Article
Rantburg

Today's Front Page   View All of Fri 05/01/2020 View Thu 04/30/2020 View Wed 04/29/2020 View Tue 04/28/2020 View Mon 04/27/2020 View Sun 04/26/2020 View Sat 04/25/2020
1
2020-05-01 Caribbean-Latin America
Venezuela is raiding its gold vaults and handing tons of bars to its long-time ally Iran
Archived material is restricted to Rantburg regulars and members. If you need access email fred.pruitt=at=gmail.com with your nick to be added to the members list. There is no charge to join Rantburg as a member.
Posted by Fred 2020-05-01 00:05|| || Front Page|| [11127 views ]  Top
 File under: Govt of Iran 

#1 In return for what - camel piss CV19 cure?
Posted by g(r)omgoru 2020-05-01 03:09||   2020-05-01 03:09|| Front Page Top

#2 But that's o.k. Venezuela isn't real socialism. Bernie said so.
Posted by Clem 2020-05-01 05:44||   2020-05-01 05:44|| Front Page Top

#3 For some obscure reason this reminds of that scene in Better Call Saul where Kim has to explain to the drug lord that if the only guy he can trust with his money is Saul, he needs to go back to the drawing board.
Posted by Cesare 2020-05-01 07:05||   2020-05-01 07:05|| Front Page Top

#4 To what end?

One thought. Attempting to completely bankrupt the nation thus hindering a new government.
Posted by Woodrow 2020-05-01 07:11||   2020-05-01 07:11|| Front Page Top

#5 Iran does seem to have a knack of getting corrupt regimes to give then Cash, Gold,....
Posted by Airandee 2020-05-01 07:20||   2020-05-01 07:20|| Front Page Top

#6 You mean like the Obama Administration?
Posted by DooDahMan 2020-05-01 07:51||   2020-05-01 07:51|| Front Page Top

#7 Time to raid some treasure galleons.
Posted by DarthVader 2020-05-01 09:53||   2020-05-01 09:53|| Front Page Top

#8 To what end?


IMF, Iranian Monetary Fund
Posted by Skidmark 2020-05-01 10:56||   2020-05-01 10:56|| Front Page Top

#9 To what end?

Bailout Lebanon

Buy into the undersea gas field
Posted by Skidmark 2020-05-01 13:38||   2020-05-01 13:38|| Front Page Top

#10 If it were China they were sending the gold to, I’d understand — China advanced Chavez money some years ago against X amount of future oil sales at a fixed price that was then below market... but now is not. Sending it to Iran makes no sense.
Posted by trailing wife 2020-05-01 14:02||   2020-05-01 14:02|| Front Page Top

#11 Maybe buying weapons?
Posted by g(r)omgoru 2020-05-01 14:07||   2020-05-01 14:07|| Front Page Top

#12 Maybe weapons...

maybe Iran isn't really where the money's going to. Maybe they're just a waypoint.
Posted by Thing From Snowy Mountain 2020-05-01 14:53||   2020-05-01 14:53|| Front Page Top

#13 I would think China would be knocking on their door,demanding payment,before the gold is in Iran's hands.
Posted by bbrewer126  2020-05-01 14:55||   2020-05-01 14:55|| Front Page Top

#14 maybe Iran isn't really where the money's going to. Maybe they're just a waypoint.

Thing, once the gold in Iranian hands, Xi and a legion of demons couldn't pry it out.
Posted by g(r)omgoru 2020-05-01 15:04||   2020-05-01 15:04|| Front Page Top

#15 Hired thugs? Pistachios? Flying carpets?
Posted by Frank G 2020-05-01 15:44||   2020-05-01 15:44|| Front Page Top

#16 Or...missiles?
Posted by Frank G 2020-05-01 15:44||   2020-05-01 15:44|| Front Page Top

#17 ^Why not buy missiles directly from Norks?
Posted by g(r)omgoru 2020-05-01 16:23||   2020-05-01 16:23|| Front Page Top

#18 Venezuela's exports to India decreased by 15% when the sanctions kicked in. Last year Indian Oil and Reliance too found new partners elsewhere. That's the majority of the business. America's Chevron too is leaving soon. Maduro was thwarted when the UK took a third of his gold last year, at Trump's behest.

It was anticipated, that Iran would have to be paid for assisting Venezuela's oil and manufacturing industries. Hardware, machines and infrastructure worth more than $300 million were delivered, on Iranian Mahan Air flights. These would be difficult to pay for, and it's believed it had already been agreed Maduro would pay with the dwindling gold.

The mystery is, about $500 million in bullion is reported to have been given to Iran in the article. But all the Iranian help to Maduro till date, comes to about $ 350 million, give or take a few.
Posted by Dron66046 2020-05-01 19:21||   2020-05-01 19:21|| Front Page Top

#19 Dron, divide the $150M between Maduro's private offshore accounts and corresponding allocations to key persons in Iran.
Posted by KBK 2020-05-01 20:10||   2020-05-01 20:10|| Front Page Top

#20 That's what I think.
Posted by Dron66046 2020-05-01 20:26||   2020-05-01 20:26|| Front Page Top

#21 To take it further, it would enrage the Venezuelans to find out, maybe they didn't even need the Iranian 'assistance'.
Posted by Dron66046 2020-05-01 20:28||   2020-05-01 20:28|| Front Page Top

#22 ^ 30% "commission"
Posted by Lex 2020-05-01 21:26||   2020-05-01 21:26|| Front Page Top

23:58 Dron66046
23:58 Whiskey Mike
23:57 Whiskey Mike
23:56 Whiskey Mike
23:55 Whiskey Mike
23:55 Whiskey Mike
23:55 Dron66046
23:53 Whiskey Mike
23:52 Whiskey Mike
23:51 Whiskey Mike
23:46 Whiskey Mike
23:45 Dron66046
23:37 gorb
23:33 Marilyn Tojo7566
22:53 SteveS
22:23 Clem
22:21 Clem
22:13 Lex
22:11 Whiskey Mike
22:01 Whiskey Mike
22:00 Whiskey Mike
21:58 Whiskey Mike
21:57 Whiskey Mike
21:55 Whiskey Mike









Paypal:
Google
Search WWW Search rantburg.com