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"With $5 billion in debt payments due before the end of the year, Caracas could be close to dumping more than 3 million ounces of its bullion reserves on the marketVenezuela's economy has been devastated by the drop in oil prices which came on the back of years of financial mismanagement by the quasi-socialist government of the Latin American nation.The next two months is crunch time for Venezuela with more than $5 billion in maturing debt and interest payments due before the end of the year."
"With $5 billion in debt payments due before the end of the year, Caracas could be close to dumping more than 3 million ounces of its bullion reserves on the marketVenezuela's economy has been devastated by the drop in oil prices which came on the back of years of financial mismanagement by the quasi-socialist government of the Latin American nation.The next two months is crunch time for Venezuela with more than $5 billion in maturing debt and interest payments due before the end of the year."
[text] Venezuela ready to dump 80 tonnes of gold | MINING.com
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