The agreement, first reported by Axios, involves the sale of between 650 and 1,000 kilograms of gold doré bars – which are semi-refined with approximately 98% gold content – from Venezuela’s state-owned mining company, Minerven, to the global commodities trader Trafigura. The gold is destined for refineries in the United States, marking a shift in Venezuela’s resource exports toward American markets.

The deal, valued at roughly $163,000 per kilogram based on current gold prices amid global economic uncertainty, marks the third extraction contract overseen by the Trump administration since U.S. forces captured Maduro on January 3. It’s part of a broader effort to stabilize and reconstruct Venezuela’s economy under U.S. influence, with the White House asserting de facto control over the country’s vast oil reserves – the world’s largest known.

https://www.zerohedge.com/precious-metals/trump-team-brokers-gold-deal-venezuela-1000-kg-headed-us-markets

 

Makes sense — as I recall, the US also took control of Libya’s Gold and Iraq’s Gold and Syria’s Gold immediately after those countries were freed….