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Peter's Blog

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

Posts Tagged: “Venezuela“

July 31, 2024 Original Analysis

Farewell, Democracy: Venezuelan Socialism Is Here to Stay

“I speak to you with the calmness of the truth,” Venezuelan presidential candidate Edmundo González told supporters, who had gathered outside his campaign headquarters in Caracas. “We have in our hands the tally sheets that demonstrate our categorical and mathematically irreversible victory.”

September 27, 2019 Fun on Friday

Fun on Friday: Busted!

Did you hear about the Venezuelan nationals who got busted trying to smuggle $5 million worth of gold bars into the US through a Fort Lauderdale airport? True story. The duo had 230 pounds of gold stuffed into the nose of a private Cessna jet. Customs officials discovered a hidden compartment when they noticed some […]

September 11, 2019 It's Your Dime

Is that “Real” Socialism? It’s Your Dime Interview With José Niño

José Niño was born in Venezuela and his family has experienced the impacts of socialism first hand. But was it “real socialism?” On this episode of It’s Your Dime, José and host Mike Maharrey talk about it. José had the good fortune of leaving Venezuela before it descended into chaos. After reading the tea leaves […]

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! […]