Exclusive: Gold Worth Billions Smuggled Out of Africa
24th April 2019
Much of the gold was not recorded in the exports of African states. Five trade economists interviewed by Reuters said this indicates large amounts of gold are leaving Africa with no taxes being paid to the states that produce them.
That’s what really burns their asses — the government isn’t getting to wet its beak. That’s what makes it a ‘black market’.
Whenever you see the term ‘black market’, it indicates that some government isn’t getting its cut.