Gold and Venezuela: a Matter of Survival
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 […]
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 […]
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. […]
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, […]
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 […]