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Peter's Blog

Get the latest headlines, market analysis, and original content from SchiffGold.

Posts Tagged: “bolivar“

November 21, 2018 Key Gold Headlines

Desperate Venezuelans Illegally Mining Gold in World-Renowned National Park

Venezuelans have turned to illegally mining gold just to survive. The Pemon people are native to the region containing Canaima National Park. If you saw the movie Up, you’re familiar with this area. The 500 million-year-old pillars of erosion in the park inspired scenery in the movie. The park also contains world-famous Angel Falls. But with hyperinflation gripping […]

July 27, 2018 Fun on Friday

Fun on Friday: Venezuelan President Solves Hyperinflation By Removing Zeros from Currency

I was on vacation last week, so there wasn’t any Fun on Friday. But I am back, and I have some really fantastic news for you – especially if you live in Venezuela. And even if you don’t reside in that South American hell-hole, you’ll want to keep reading because the ramifications here are huugggee! […]