To delay the coming depression, the IMF/World Bank will bail out the United States and Western Europe with new loans. They collects debts in gold. It also dictates the terms for the collection of those debts before it lets a country borrow money. These terms are called "austerity measures".

The IMF/World Bank are not government entities. Like the Federal Reserve, it is owned by the Rothschilds and their minions through the various central banks they have established in almost every country in the world.

Gold will plummet in price because the price will be dictated by them as a condition for borrowing money from them perhaps with another gold confiscation.

Venezuela is now demanding a return of its gold from the Rothschild owned and controlled Bank of England.

Mr Hugo Chávez said: "We are going to get out. I want to formalise our exit from the World Bank and the International Monetary Fund."

Venezuela has been loosening its ties to the IMF and the World Bank since Mr Chávez took office in 1999. Venezuela recently repaid its debts to the World Bank five years ahead of schedule.