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Peter Spina: Venezuela central bank and U.S. hire auditors for foreign asset review
Peter Spina, CEO at GoldSeek.com, reports that Venezuela's central bank and the U.S. have both hired firms to audit Venezuela's assets held abroad.
Three sources in Caracas previously told Reuters that U.S. firm Deloitte was selected to audit the central bank, including operations involving gold.
Spina has previously critiqued gold and silver as investments, listing ten reasons why holding these assets could be financially unsound in a recent analysis. In another report, he noted that a bank's metals team projected silver prices could reach between $135 and $309 per ounce by 2026 according to their forecasts. These earlier assessments contribute to ongoing discussions about the value and risks of precious metal reserves.
This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.
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