How Venezuela turns its useless bank notes into gold

Paid with the country’s near-worthless bank notes, so-called artisan miners in turn supply the government with hard currency to purchase badly needed imports of food and hygiene products. Venezuela sells most of its gold to Turkish refineries, then uses some of the proceeds to buy that nation’s consumer goods, according to people with direct knowledge of the trade.

from Hindustan Times - topnews http://bit.ly/2I8BMD4