Already Sinking, Venezuela Cuts Loose its Last Lifeboat—Gold
Boxed in by a collapsing economy, skyrocketing inflation and a starving population, Venezuela's government is giving up its last tangible asset.
Boxed in by a collapsing economy, skyrocketing inflation and a starving population, Venezuela's government is giving up its last tangible asset.
People have a lot in common with nations. We buy more than we can afford, we overextend further than we should and a lot depends on how good our credit is.
How could a country blessed with the largest reserves of the world's most in-demand commodity see its economy in ruins? The answer may resonate with your personal portfolio.