The Traderszone Network

Published in TZ Latest News 24 September, 2014 by The TZ Newswire Staff

With A Venezuela Default Looming, This Is What A BofA Banker Wanted To Look At First

With a 66% chance of default/devaluation implied by the Venezuelan credit market, BofA economist Francisco Roriguez sprung an unusual question on the struggling socialist nation’s central bank – Can you show me your gold?

As Bloomberg reports, the answer was “yes”…

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