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06.03.26 - 05:12
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Trump Team Brokers Gold Deal With Venezuela: Up To 1,000 Kg Headed To U.S. Markets (ZeroHedge)
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Trump Team Brokers Gold Deal With Venezuela: Up To 1,000 Kg Headed To U.S. Markets
As things continue to pop off in the Middle East, the United States is still focused on Venezuela - and has brokered a multimillion-dollar gold deal.
The agreement, first reported by Axios, involves the sale of between 650 and 1,000 kilograms of gold doré bars - which are semi-refined with approximately 98% gold content - from Venezuela's state-owned mining company, Minerven, to the global commodities trader Trafigura. The gold is destined for refineries in the United States, marking a shift in Venezuela's resource exports toward American markets.
The deal, valued at roughly $163,000 per kilogram based on current gold prices amid global economic uncertainty, marks the third extraction contract overseen by the Trump administration since U.S. forces captured Maduro on January 3. It's part of a broader effort to stabilize and reconstruct Venezuela's economy under U.S. influence, with the White House assert...
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05.03.26 - 21:30
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Oil Is "Beginning To Flow" From Venezuela, Trump Says (ZeroHedge)
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Oil Is "Beginning To Flow" From Venezuela, Trump Says
Authored by Naveen Athrappully via The Epoch Times,
Oil is “beginning to flow” from Venezuela, with the United States and Venezuela engaging in a professional and dedicated manner on the issue, President Donald Trump said in a March 4 post on Truth Social.
“Delcy Rodríguez, who is the President of Venezuela, is doing a great job, and working with U.S. Representatives very well,” Trump wrote.
Rodríguez became the leader of Venezuela in January after U.S. forces captured Venezuelan leader Nicolás Maduro on Jan. 3. Maduro is currently facing charges of narco-terrorism and drug trafficking in the United States.
Replying to Trump's post, Rodríguez said in a March 4 X post, “I thank President [Trump] for the kind willingness of his government to work together on an agenda that strengthens binational cooperation for the benefit of the peoples of the United States and Venezuela.”
After being named the interim presi...
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