Why is that so critical to American economic and national security interests? Well, Venezuela has massive natural resources, as you mentioned. It has the largest proven oil reserves in the world. It also has the largest reserves of gold in the world. It's an extraordinarily blessed country. I'll give you an amazing statistic. Do you know where Venezuela ranked in the world in terms of GDP per capita in the year 1950? (02:08–02:12)
CLAIM
Asserts Venezuela has the largest gold reserves globally.
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