๐ต๏ธโโ๏ธ Venezuelaโs Quiet Power Play โ And Itโs NOT Oil ๐ช
While the world keeps its eyes on crude exports, Venezuela is sitting on a far more strategic asset: gold.$XAU
๐ป๐ช The country holds around 161 metric tons of gold, equal to roughly 5.18 million troy ounces. At current prices near $4,300 per ounce, that stockpile is worth over $22 billion ๐ฐ โ making Venezuela the largest gold holder in Latin America.
Hereโs why this matters ๐
๐ Every $1,000 move in gold adds nearly $518 million to Venezuelaโs national wealth.
Thatโs a powerful hedge in a world dealing with inflation, sanctions, and geopolitical tension.
This isnโt just a commodities story โ itโs a geopolitical one ๐
Gold strengthens leverage, preserves value outside the dollar system, and shifts balance quietly over time.
The real question ๐
Will global powers keep ignoring thisโฆ or does gold become the next pressure point?
Sometimes the most important assets are the ones no one is talking about.