View full page at metalsmine.com

 

Venezuela Pushes For 'Gold Rush' Despite Sanctions

From npr.org

"Nothing and no one will stop us!" So says President Nicolás Maduro of Venezuela, a nation embroiled in the worst economic and humanitarian crisis in the modern history of Latin America. That message came in a flurry of recent tweets in which the unpopular Maduro seeks to rally support from his long-suffering population for his latest remedy against total collapse: gold. For years, Venezuela largely depended on revenues from its vast oil reserves, but production has about halved since 2015, compelling Maduro to cast his eye toward his country's other natural riches in a desperate quest for revenue. He's engaged in a ... (full story)

Story Stats

  • Posted:
  • Category: Fundamental Analysis