Maduro has sold 15 tons of gold to the United Arab Emirates – ElSol.com.ar – Diario de Mendoza, Argentina

The Central Bank of Venezuela (BCV) plans to sell some 15 tons of gold from its reserves in the coming days in the United Arab Emirates and in return, you will receive euros in cash to finance your imports, said a senior government source who knows the movements.

This year, the issuing institute has already made an initial shipment of about three tons of gold on a charter flight to that country on Jan. 26, the official source said.

The plan resorts to its gold reserves in order to have cash after the Trump administration will announce sanctions against the oil company PDVSA and will determine that Citgo, A subsidiary in the United States, it can continue to operate only if its income is deposited in a blocked account.

American income, explained the oil engineer and former director of PDVSA, Gustavo Coronel, Infobae this means "at least 80%" of the total foreign currency received by Venezuela. Because neither China nor Russia make money, because the oil exports to these countries are the payment of debts contracted by Maduro, "added the specialist.

Without the oil currencies, there is no money to finance all the monstrous bureaucratic apparatus of the government, Chavist missions and subsidized food; that is why he has to sell gold.

In this scenario, a few days ago, it was known that up to 20 tons of Venezuelan gold they had been taken to Russia in a mysterious pbadenger plane, according to Reuters.

The unusual arrival of a Boeing 777 from the Russian airline Nordwind in Caracas sparked Wednesday rumors on social networks after the Kremlin He promised to support his ally, Venezuelan President Nicolás Maduro, in front of a US-backed effort to recognize the acting president appointed by the National Assembly of the opposition, Juan Guaidó.