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World events

World events

Gold and Venezuela: a Matter of Survival

May 6, 2019June 5, 2019

Economic context The economy of Venezuela is highly dependent on oil export revenues, which account for about 90% of its total export revenues. Therefore, the fall in oil prices in […]

World events

The World’s Largest Gold Reserve

May 6, 2019June 5, 2019

Who has the biggest gold reserve in the world? For some people, gold is an overvalued metal. For most of them however, this precious metal has a very defined value. […]

World events

Gold Dinar: the Real Reason Behind Gaddafi’s Murder

May 3, 2019June 5, 2019

The gold dinar: a groundbreaking initiative In 2009, Colonel Gaddafi, then President of the African Union, suggested to the States of the African continent to switch to a new currency, […]

World events

Hyperinflation of Foreign Currencies

May 3, 2019June 5, 2019

What is hyperinflation? In theory, prices should always fluctuate according to supply and demand. Inflation describes an increase in prices, while deflation refers to price decrease. Hyperinflation describes the uncontrolled […]

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