The leader of the Bolivarian revolution, said that the nationalization of gold will strengthen the economy and prevent damage to those areas where the precious metal is mined in relation to the predatory nature of ways. After the publication of the decree will be set up joint ventures in gold mining, the majority of shares in which will be owned by the state, according to ITAR-TASS. Most gold mining is conducted in the area of so-called mineral Guayany arc (in the south of the country) about what Hugo Chavez said last week during the transfer of military equipment of Russian production units of the capital military district. "Soon I will sign a law that will take this golden zone and hope in this matter to you, because now there is anarchy and there are gangs of smugglers. – The president said, referring to the military. – It's great wealth, there is not only the deposits of gold, and bauxite, diamonds, iron ore. We are nationalizing gold, and turn it into their strategic reserves. Gold continues to rise in price. "
Recent Comments
Related Posts
