Trump’s Gold Grab: Venezuela Sells Nuggets, U.S. Collects Monopoly Money
KEY POINTS
- •On January 6, Venezuela’s Minerven signed a multimillion-dollar deal selling up to 1,000 kilograms of 98% pure gold bars to Trafigura for U.S. markets.
- •U.S. Interior Secretary Doug Burgum personally traveled to Venezuela to negotiate the arrangement following Trump’s oversight of the country’s oil resources.
- •While congressional Democrats criticized the move as imperialism, sources say the deal benefits Venezuela by funneling resource profits through official channels.
On January 6, Venezuela’s state miner Minerven drafted a multi-million dollar bling deal to sell 650 to 1,000 kilos of 98% pure gold bars to Swiss commodities hustler Trafigura, destined to sparkle in U.S. refineries—all under the watchful eye of Interior Secretary Doug Burgum, who physically landed in Caracas to kiss the motherland’s mineral portfolio. The shiny prize costs roughly $166,000 per kilo, worth more than an overpriced Tesla in 2026 inflation. This third resource heist cooked up under Trump’s regime freakshow was celebrated by Donald’s Twitter megaphone praising acting president Delcy Rodriguez, who’s now rewriting mining laws faster than you can say 'imperialism.' Congressional Democrats just called it ''oil imperialism''—or as Trump calls it, 'professionalism and dedication.'
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(1 of 3)Trump's Venezuelan gold deal is basically Monopoly money laundering with a geopolitical soundtrack of ‘oil is flowing’ and ‘fake socialism gets real profit.’
Nothing screams international diplomacy like a cargo of gold bars changing hands while the U.S. government tags along like an awkward chaperone.
Venezuela’s sending gold to the U.S. because ‘Hey, why keep shiny things in sketchy black markets when you can send them to Capitol Hill?’
Source: Axios | Published: 3/5/2026 | Author: Marc Caputo
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