#gold #venezuela #BankofEngland #geopolitics #BIS #Czechoslovakia #bullion #UK #SupremeCourt #markets #counterpartyrisk #Centralbanks
Today we will look at the UK's Supreme Court political decision to keep the government of Venezuela from repatriating gold kept at the Bank of England.
Our conclusion is that this decision is not a surprise but it reinforces the fact that the Bank of England cannot be trusted as far as one can throw them.
Video from 2020 about Venzeula's Gold and High Court decision:
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