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August 18th, 2011 
FAKE NEWS for the Zionist agenda 
Fox Business
August 17, 2011
Venezuelan President Hugo Chavez said Wednesday he plans to nationalize the gold sector, including extraction and processing, and use the production to boost the country’s international reserves.
The socialist leader said he would carry out the nationalization through a decree to be issued in the coming days and called on the military to help control the sector.
“I have here the laws allowing the state to exploit gold and all related activities. That is to say, we’re going to nationalize the gold and we’re going to convert it, among other things, into international reserves because gold continues to increase in value,” he said in a call to state television.
The announcement comes a day after an opposition legislator revealed a report showing the government’s top finance officials were recommending the repatriation of 90 percent of Venezuela’s gold reserves held abroad.
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3 Responses to “Chavez Plans on Nationalizing Gold Industry”
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Fox Business: “Venezuelan President Hugo Chavez said Wednesday he plans to nationalize the gold sector, including extraction and processing, and use the production to boost the country’s international reserves.”
between_the_lines: Well that’s good news for the Venezuelan people: it will put their national interests ahead of their colonizers’. That’s if Chavez can get away with it. But can he get away with it? Ghadafi said the same thing about nationalizing his country’s oil sector, and you know what the International Bandits did to him!
between_the_lines Reply:
August 17th, 2011 at 6:08 pm
Chavez is mostly American Indian of course, and American Indians have a long history of resisting colonialism in the Americas! ☺
between_the_lines Reply:
August 17th, 2011 at 6:10 pm
“Resisting colonialism” is called “communism” nowadays, though.