{"id":6077,"date":"2022-06-09T02:22:00","date_gmt":"2022-06-09T07:22:00","guid":{"rendered":"https:\/\/www.inflation.us\/news\/?p=6077"},"modified":"2026-01-03T17:27:53","modified_gmt":"2026-01-03T22:27:53","slug":"us-investors-cant-buy-venezuelan-bonds-rml-is-only-venezuelan-proxy-play","status":"publish","type":"post","link":"https:\/\/www.inflation.us\/news\/articles\/us-investors-cant-buy-venezuelan-bonds-rml-is-only-venezuelan-proxy-play\/","title":{"rendered":"U.S. Investors Can&#8217;t Buy Venezuelan Bonds, RML is Only Venezuelan Proxy Play!"},"content":{"rendered":"\n<p><span style=\"font-size:14px;\"><span style=\"font-family:sans-serif;\">There&#8217;s two ways <strong style=\"font-family: sans-serif; font-size: 14px;\">Rusoro Mining (TSXV: RML)<\/strong> could <span style=\"color: rgb(39, 174, 96);\"><strong>collect their $2 billion<\/strong><\/span> from <strong style=\"font-size: 14px;\">Venezuela<\/strong>. One way would be a <span style=\"color: rgb(39, 174, 96);\"><strong>sale<\/strong><\/span> of <span style=\"color: rgb(211, 84, 0);\"><strong>Citgo<\/strong><\/span> where the <strong style=\"font-size: 14px;\"><span style=\"color:#27ae60;\">proceeds are used to pay<\/span> Venezuela&#8217;s creditors<\/strong> with <strong style=\"font-size: 14px;\"><span style=\"color:#27ae60;\">legally enforceable<\/span> judgments<\/strong> <span style=\"color: rgb(39, 174, 96);\"><strong>recognized<\/strong><\/span> by <strong style=\"font-size: 14px;\">U.S. courts<\/strong>. Another way would be that <strong style=\"font-size: 14px;\">Venezuela <span style=\"color:#27ae60;\">negotiates a payment plan<\/span><\/strong> with all of its <strong style=\"font-size: 14px;\">creditors<\/strong> to <span style=\"color: rgb(39, 174, 96);\"><strong>prevent <\/strong><\/span><span style=\"color: rgb(211, 84, 0);\"><strong>Citgo<\/strong><\/span> from being sold. With today&#8217;s <strong style=\"font-size: 14px;\"><span style=\"color:#27ae60;\">soaring<\/span> oil prices<\/strong>, <span style=\"color: rgb(211, 84, 0);\"><strong>Citgo<\/strong><\/span> would potentially <span style=\"color:#27ae60;\"><strong>sell for over $10 billion<\/strong><\/span> at <strong>auction<\/strong> (possibly <span style=\"color: rgb(39, 174, 96);\"><strong>enough to satisfy all<\/strong><\/span> of <strong style=\"font-size: 14px;\">Venezuela&#8217;s creditors<\/strong>).<\/span><\/span><\/p>\n\n<p><span style=\"font-size:14px;\"><span style=\"font-family:sans-serif;\">What we <span style=\"color: rgb(39, 174, 96);\"><strong>like most<\/strong><\/span> about <strong style=\"font-size: 14px;\">RML<\/strong>&#8230; it is the <span style=\"color: rgb(39, 174, 96);\"><strong>only legal way for investors to bet <\/strong><\/span>on an <strong style=\"font-size: 14px;\"><span style=\"color:#27ae60;\">improving<\/span> Venezuelan economy<\/strong>. <strong style=\"font-size: 14px;\">RML<\/strong> is an <span style=\"color:#27ae60;\"><strong>undiscovered<\/strong><\/span> <b>Venezuelan<\/b><b style=\"font-size: 14px;\"> proxy play<\/b>.<\/span><\/span><\/p>\n\n<p><span style=\"font-size:14px;\"><span style=\"font-family:sans-serif;\"><strong>U.S. investors<\/strong> are currently <span style=\"color:#e74c3c;\"><strong>prohibited<\/strong><\/span> from <strong><span style=\"color:#27ae60;\">buying<\/span> Venezuelan bonds<\/strong>.<\/span><\/span><\/p>\n\n<p><span style=\"font-size:14px;\"><span style=\"font-family:sans-serif;\"><em>Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. This message is not a solicitation or recommendation to buy, sell, or hold securities. This message is meant for informational and educational purposes only and does not provide investment advice.<\/em><\/span><\/span><\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>There&#8217;s two ways Rusoro Mining (TSXV: RML) could collect their $2 billion from Venezuela. One way would be a sale of Citgo where the proceeds are used to pay Venezuela&#8217;s creditors with legally enforceable judgments recognized by U.S. courts. Another way would be that Venezuela negotiates a payment plan with all of its creditors to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":6056,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[26,116],"class_list":["post-6077","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-articles","tag-politics","tag-rml"],"_links":{"self":[{"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts\/6077","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/comments?post=6077"}],"version-history":[{"count":1,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts\/6077\/revisions"}],"predecessor-version":[{"id":6078,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts\/6077\/revisions\/6078"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/media\/6056"}],"wp:attachment":[{"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/media?parent=6077"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/categories?post=6077"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/tags?post=6077"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}