Sunday, 4 January 2026

t is not "will the U.S. take control of these gold reserves?" It is: how much of Venezuela's wealth has already been stolen, frozen, or put under foreign lock and key the moment it stopped obeying?

 https://x.com/nxt888/status/2007742341017489907

You are asking the wrong question. It is not "will the U.S. take control of these gold reserves?" It is: how much of Venezuela's wealth has already been stolen, frozen, or put under foreign lock and key the moment it stopped obeying? A big chunk of Venezuela's gold was not even in Caracas. It was parked in "safe" Western vaults and got magically reclassified as collateral for regime change the second Washington anointed a fake president. That was the trial run. Legal piracy in a suit and tie. The 161 tons you are talking about are not just shiny bars. They are a balance sheet argument for why Venezuela must never be allowed to be sovereign. Every ounce that stays under Venezuelan control is future leverage. Every ounce that leaves is future collateral for someone else's empire. Will the US try to control that gold? Of course. By sanctions, court rulings, asset freezes, "anti-corruption" narratives, and compliant judges in London and New York. If they cannot roll tanks in, they will roll lawyers in. But the deeper point is this: When you say "controlling Venezuela is set to produce hundreds of billions of revenue for the US," you are already speaking in imperial grammar. You are treating Venezuelan gold as a line item on America's future income statement. The real scandal is not whether they will take it. The real scandal is that everyone has been trained to talk about another nation's reserves as something Washington is naturally entitled to "control" if it plays its cards right. Venezuela's gold is not a missed opportunity for U.S. profit. It is Exhibit A in a century-long pattern: First they call you a narco. Then they call you a dictator. Then they "protect" your assets from your own people. And one day you wake up and your reserves belong to a court in London and a senator's speech in Washington.
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The Kobeissi Letter
@KobeissiLetter
While everyone is focused on oil: Venezuela currently holds 161 metric TONS of gold reserves. 161 metric tons is roughly 5.18 million troy ounces, worth ~$22 BILLION at $4,300/oz. This makes Venezuela the Latin American country with the largest gold holdings. Every $100 that
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https://x.com/nxt888/status/2007742341017489907

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