Best of the Week
Most Popular
1. Gold vs Cash in a Financial Crisis - Richard_Mills
2.Current Stock Market Rally Similarities To 1999 - Chris_Vermeulen
3.America See You On The Dark Side Of The Moon - Part2 - James_Quinn
4.Stock Market Trend Forecast Outlook for 2020 - Nadeem_Walayat
5.Who Said Stock Market Traders and Investor are Emotional Right Now? - Chris_Vermeulen
6.Gold Upswing and Lessons from Gold Tops - P_Radomski_CFA
7.Economic Tribulation is Coming, and Here is Why - Michael_Pento
8.What to Expect in Our Next Recession/Depression? - Raymond_Matison
9.The Fed Celebrates While Americans Drown in Financial Despair - John_Mauldin
10.Hi-yo Silver Away! - Richard_Mills
Last 7 days
The Great Coronavirus Depression - Things Are Going to Change. Here’s What We Should Do - 28th Mar 20
One of the Biggest Stock Market Short Covering Rallies in History May Be Imminent - 28th Mar 20
The Fed, the Coronavirus and Investing - 28th Mar 20
Women’s Fashion Trends in the UK this 2020 - 28th Mar 20
The Last Minsky Financial Snowflake Has Fallen – What Now? - 28th Mar 20
UK Coronavirus Infections and Deaths Projections Trend Forecast Into End April 2020 - 28th Mar 20
DJIA Coronavirus Stock Market Technical Trend Analysis - 27th Mar 20
US and UK Case Fatality Rate Forecast for End April 2020 - 27th Mar 20
US Stock Market Upswing Meets Employment Data - 27th Mar 20
Will the Fed Going Nuclear Help the Economy and Gold? - 27th Mar 20
What you need to know about the impact of inflation - 27th Mar 20
CoronaVirus Herd Immunity, Flattening the Curve and Case Fatality Rate Analysis - 27th Mar 20
NHS Hospitals Before Coronavirus Tsunami Hits (Sheffield), STAY INDOORS FINAL WARNING! - 27th Mar 20
CoronaVirus Curve, Stock Market Crash, and Mortgage Massacre - 27th Mar 20
Finding an Expert Car Accident Lawyer - 27th Mar 20
We Are Facing a Depression, Not a Recession - 26th Mar 20
US Housing Real Estate Market Concern - 26th Mar 20
Covid-19 Pandemic Affecting Bitcoin - 26th Mar 20
Italy Coronavirus Case Fataility Rate and Infections Trend Analysis - 26th Mar 20
Why Is Online Gambling Becoming More Popular? - 26th Mar 20
Dark Pools of Capital Profiting from Coronavirus Stock Markets CRASH! - 26th Mar 20
CoronaVirus Herd Immunity and Flattening the Curve - 25th Mar 20
Coronavirus Lesson #1 for Investors: Beware Predictions of Stock Market Bottoms - 25th Mar 20
CoronaVirus Stock Market Trend Implications - 25th Mar 20
Pandemonium in Precious Metals Market as Fear Gives Way to Command Economy - 25th Mar 20
Pandemics and Gold - 25th Mar 20
UK Coronavirus Hotspots - Cities with Highest Risks of Getting Infected - 25th Mar 20
WARNING US Coronavirus Infections and Deaths Going Ballistic! - 24th Mar 20
Coronavirus Crisis - Weeks Where Decades Happen - 24th Mar 20
Industry Trends: Online Casinos & Online Slots Game Market Analysis - 24th Mar 20
Five Amazingly High-Tech Products Just on the Market that You Should Check Out - 24th Mar 20
UK Coronavirus WARNING - Infections Trend Trajectory Worse than Italy - 24th Mar 20
Rick Rule: 'A Different Phrase for Stocks Bear Market Is Sale' - 24th Mar 20
Stock Market Minor Cycle Bounce - 24th Mar 20
Gold’s century - While stocks dominated headlines, gold quietly performed - 24th Mar 20
Big Tech Is Now On The Offensive Against The Coronavirus - 24th Mar 20
Socialism at Its Finest after Fed’s Bazooka Fails - 24th Mar 20
Dark Pools of Capital Profiting from Coronavirus Stock and Financial Markets CRASH! - 23rd Mar 20
Will Trump’s Free Cash Help the Economy and Gold Market? - 23rd Mar 20
Coronavirus Clarifies Priorities - 23rd Mar 20
Could the Coronavirus Cause the Next ‘Arab Spring’? - 23rd Mar 20
Concerned About The US Real Estate Market? Us Too! - 23rd Mar 20
Gold Stocks Peak Bleak? - 22nd Mar 20
UK Supermarkets Coronavirus Panic Buying, Empty Tesco Shelves, Stock Piling, Hoarding Preppers - 22nd Mar 20
US Coronavirus Infections and Deaths Going Ballistic as Government Start to Ramp Up Testing - 21st Mar 20
Your Investment Portfolio for the Next Decade—Fix It with the “Anti-Stock” - 21st Mar 20
CORONA HOAX: This Is Almost Completely Contrived and Here’s Proof - 21st Mar 20
Gold-Silver Ratio Tops 100; Silver Headed For Sub-$10 - 21st Mar 20
Coronavirus - Don’t Ask, Don’t Test - 21st Mar 20
Napag and Napag Trading Best Petroleum & Crude Oil Company - 21st Mar 20
UK Coronavirus Infections Trend Trajectory Worse than Italy - Government PANICs! Sterling Crashes! - 20th Mar 20
UK Critical Care Nurse Cries at Empty SuperMarket Shelves, Coronavirus Panic Buying Stockpiling - 20th Mar 20
Coronavirus Is Not an Emergency. It’s a War - 20th Mar 20
Why You Should Invest in the $5 Gold Coin - 20th Mar 20
Four Key Stock Market Questions To This Coronavirus Crisis Everyone is Asking - 20th Mar 20
Gold to Silver Ratio’s Breakout – Like a Hot Knife Through Butter - 20th Mar 20
The Coronavirus Contraction - Only Cooperation Can Defeat Impending Global Crisis - 20th Mar 20
Is This What Peak Market Fear Looks Like? - 20th Mar 20
Alessandro De Dorides - Business Consultant - 20th Mar 20
Why a Second Depression is Possible but Not Likely - 20th Mar 20
UK Coronavirus Infections Trend Trajectory Worse than Italy Government PANICs! Sterling Collapses! - 19th Mar 20
Coronavirus Market Crisis - Nowhere to Hide! - 19th Mar 20
Coronavirus Most Likely GDP Economic Outcome for Q1 and Q2 2020 - 19th Mar 20
How COVID-19 Leads to 2008-Style Bank Crisis - 19th Mar 20
Coronavirus Impact on Global Economic GDP Numbers - 19th Mar 20
Bticoin Crash Big Channel Review - 19th Mar 20
Gold is Doing Its Job…Silver Will Come Back as a Safe-Haven Asset - 19th Mar 20
The Chartology of Coronavirus Deflationary Event - 18th Mar 20
Fed Slashes Rates to Zero and Introduces QE in Response to COVID-19. Will Gold Rally Now? - 18th Mar 20
Coronavirus - Nothing to Fear but Fear Itself - 18th Mar 20
The Stocks Bear Market Is Upon Us... Or Not - 18th Mar 20
US and UK Coronavirus Containment Incompetence Resulting Catastrophic Trend Trajectories - 17th Mar 20

Market Oracle FREE Newsletter

Category: Venezuela

The analysis published under this category are as follows.

Politics

Sunday, February 17, 2019

Venezuela's Opposition Is Playing With Fire / Politics / Venezuela

By: Steve_H_Hanke

The Maduro government has put Venezuela in Satan’s record books. That hellish distinction is because Venezuela is in the grip of one of the world’s 58 episodes of hyperinflation. Hyperinflation occurs when the monthly inflation rate exceeds 50%/mo. for at least 30 consecutive days. Of the 58 episodes of hyperinflation, Venezuela’s inflation rate is middling: it ranks as the 23rd most severe episode. Today, I measured Venezuela’s annual rate of inflation at 132,743%/yr. (see the chart below). This contrasts sharply with the National Assembly’s lying statistic of 1,698,488%/yr. for December 2018 and the IMF’s absurd forecast of 10,000,000%/yr. for December 2019.

Read full article... Read full article...

 


Politics

Friday, February 08, 2019

The Venezuela Myth Keeping Us From Transforming Our Economy / Politics / Venezuela

By: Ellen_Brown

Modern Monetary Theory (MMT) is getting significant media attention these days, after Rep. Alexandria Ocasio-Cortez said in an interview that it should “be a larger part of our conversation” when it comes to funding the “Green New Deal.” According to MMT, the government can spend what it needs without worrying about deficits. MMT expert and Bernie Sanders adviser professor Stephanie Kelton says the government actually creates money when it spends. The real limit on spending is not an artificially imposed debt ceiling but a lack of labor and materials to do the work, leading to generalized price inflation. Only when that real ceiling is hit does the money need to be taxed back, but even then it’s not to fund government spending. Instead, it’s needed to shrink the money supply in an economy that has run out of resources to put the extra money to work.

Read full article... Read full article...

 


Politics

Monday, February 04, 2019

Venezuela Trying to Sell Gold to Stay Afloat / Politics / Venezuela

By: Richard_Mills

Venezuela is reaching for its last card as the deck collapses on President Nicolas Maduro’s failed regime.

The country is selling its gold in order to provide liquidity for imports of basic goods.

You know your regime’s days are numbered when you start eyeing your bullion. Indeed gold’s status as store of value, as money, the only currency available when yours is worthless, has come into play with respect to the crisis that has been unfolding in Venezuela over the last couple of years and appears to be reaching its peak.

Read full article... Read full article...

 


Politics

Saturday, February 02, 2019

Without A Currency Board, Venezuela's Opposition Will Fail / Politics / Venezuela

By: Steve_H_Hanke

Venezuela’s currency, the bolivar, has tanked. Just take a look at the ugly chart below.

Read full article... Read full article...

 


Economics

Saturday, February 02, 2019

The U.S. Declares Economic War Against Venezuela / Economics / Venezuela

By: Steve_H_Hanke

Since the election of Hugo Chavez in December of 1998, Venezuelans have embraced Chavismo. This peculiar form of socialism has allowed Venezuela to morph into what is in essence an organized crime syndicate and has pushed the country in an economic death spiral. For the stunning evidence of this death spiral, we need look no further than Venezuela’s inflation rate.

Today, Venezuela’s annual inflation rate is 112,189%/yr. The chart below tracks the daily measurements of this annual rate. Unlike the fantastic inflation forecasts thrown around by the International Monetary Fund (IMF), the data in the chart are real measurements—accurate measurements.

Read full article... Read full article...

 


Economics

Tuesday, September 25, 2018

Venezuela's Retrogressing Socialist Economy, Spotlight on the Failing PDVSA / Economics / Venezuela

By: Steve_H_Hanke

Two hallmarks characterize capitalist economies. Firstly, property is predominately in private hands. Consequently, goods and services are allocated via market mechanisms in which prices provide signals for businesses, workers, and consumers. Secondly, capitalist economies are highly capitalized. Indeed, the stocks of physical and human capital are relatively large in relation to the capitalist economies’ income flows.

On those two counts, Venezuela is retrogressing. With Chavismo, which commenced when Hugo Chavez took power in 1999, Venezuela has beaten a hasty retreat from anything that would qualify as “capitalist.” Today, it is clearly in the throes of a socialist-interventionist system.

Read full article... Read full article...

 


Politics

Thursday, August 04, 2016

Venezuela in Chaos With Work Camps and 1,000% Inflation – Coming Soon to the West? / Politics / Venezuela

By: Jeff_Berwick

We’re keeping track of Venezuela and have written about its deepening disaster numerous times, including  HERE. In fact, I personally visited a few months ago to see the disaster with my own eyes.

Every time we look at this poor country, things are getting worse. The rate of price inflation is soaring toward 1,000 percent, with looting and shortages of critical necessities such as medicine and food.  Hyperinflation is well underway. June monthly figures put inflation around 22%, with inflation at 488% for the year but I know from personal experience that the government numbers, as with all governments, are heavily lied about.

Read full article... Read full article...

 


Economics

Saturday, June 25, 2016

Venezuela vs. Ecuador (Chavismo vs. Chavismo Dollarized) / Economics / Venezuela

By: Steve_H_Hanke

With the arrival of President Hugo Chávez in 1999, Venezuela embraced Chavismo, a form of Andean socialism. In 2013, Chávez met the Grim Reaper and Nicolás Maduro assumed Chávez’ mantle.

Chavismo has not been confined to Venezuela, however. A form of it has been adopted by Rafael Correa – a leftist economist who became president of a dollarized Ecuador in 2007.

Read full article... Read full article...

 


Politics

Sunday, June 12, 2016

What Makes Venezuela Different / Politics / Venezuela

By: MISES

Ryan W. McMaken writes: Unlike other leftist South American regimes, the Venezuela regime has intentionally crushed even the middle and working classes.

The economic disaster in Venezuela has prompted many to take a look at the country and attempt to understand what it is that has made things so bad in Venezuela. 

Read full article... Read full article...

 


Interest-Rates

Monday, May 23, 2016

Why Aren't Venezuelan Interest Rates Going Negative Like in Europe? / Interest-Rates / Venezuela

By: Mario_Innecco

Monday May 23rd 2016 I'm gonna talk about Venezuela is mainly because we've
been you know bombarded in the last few months which stories in the mainstream
and alternative media about hyperinflation Venezuela societal
collapse people killing packs to eat you know loads of horrible stories and I'm
not saying they're not true they are and Venezuela though is a fairly rich
country know you look at their GDP per capita has hired in China I know they
have a lot of oil revenue but it's still not a poor country and the main theme
and even Zero Hedge who blog I read it and I really enjoy what they talked
about and how you analyze things they've caught you know they've been trapped by....

Read full article... Read full article...

 


Politics

Monday, May 23, 2016

Venezuela Descends Into Chaos... Europe and US Next? / Politics / Venezuela

By: Jeff_Berwick

It has been less than two months since I visited Caracas, Venezuela. While things were already very bad when I was there, they are now worse.

Power shortages have deepened (and this in an oil rich country!); food is becoming scarce (some people have resorted to eating dogs and cats); people lie on concrete slabs in hospitals without medicine (if you thought medical care was bad, just wait until it’s free!); and riots and looting are growing worse.

Read full article... Read full article...

 


Currencies

Saturday, May 21, 2016

Will Venezuela Be Forced to Embrace the US Dollar? / Currencies / Venezuela

By: MISES

Daniel Fernández Méndez writes: The country of Venezuela is dangerously approaching hyperinflation. At 2015’s year-end, official figures had yearly inflation at or above 180 percent (some private sector sources estimated it at 330 percent). The technical definition of hyperinflation is when inflation is at 50 percent or more per month, meaning that Venezuela is not yet at this point, but does seem to be approaching at an accelerated pace. The South American country finds itself with inflation rates at their worst in its history (1996 saw 103 percent yearly inflation) and the highest in the world (Ukraine is second with 50 percent yearly inflation).

Read full article... Read full article...

 


Politics

Thursday, November 06, 2014

Socialism and Other Crimes in Venezuela / Politics / Venezuela

By: MISES

In the aftermath of the brutal murder of Venezuelan lawmaker Robert Sierra and his wife Maria Herrera, Venezuelan President Nicolás Maduro said in a speech on October 27 that he will “purge” and “revolutionize” the country’s police forces. This comes in response to not only the murder of Sierra, but also to the murder of militia leader José Odreman a week later, and to the general failure of law enforcement to address soaring crime rates in the country.

Venezuela has the second highest murder per capita rate in the world behind Honduras. A 2013 Gallup poll ranked Venezuela as the most “insecure nation in the world,” a sentiment shared by many of its citizens: 2014 Gallup polls showed that only 19 percent of Venezuelans felt safe to walk alone at night.

Read full article... Read full article...

 


Economics

Wednesday, February 19, 2014

Venezuela Exchange Controls and Plunging Petroleum Production / Economics / Venezuela

By: Steve_H_Hanke

Foreign airlines have begun to restrict ticket sales in Venezuela. As the bolivars’ value evaporates, and with exchange controls in force, the airlines fear that the funds they have in Caracas will evaporate, too. By restricting ticket sales, the airlines will limit the amount of new money that is trapped behind the government’s wall of exchange controls.

Of course, President Nicolas Maduro isn’t the first autocrat to impose exchange controls, and he won’t be the last to impose these confiscatory policies. Indeed, the pedigree of exchange controls can be traced back to Plato, the father of statism. Inspired by Lycurgus of Sparta, Plato embraced the idea of an inconvertible currency as a means to preserve the autonomy of the state from outside interference.

Read full article... Read full article...

 


Politics

Thursday, March 21, 2013

Hugo Chávez Is Gone, but His Oil Legacy Lives On / Politics / Venezuela

By: Marin_Katusa

On March 5, 2013, Hugo Chávez, one of the most iconic presidents in the world, died at the age of 58. While he was alive, Chávez was a highly controversial figure, calling George W. Bush a drunkard and a "psychologically sick man" and Tony Blair an "imperialist pawn who attempts to curry favor with Danger Bush-Hitler."

Read full article... Read full article...

 


Politics

Monday, September 20, 2010

Chavez wants a break from U.S. meddling, Can you blame him? / Politics / Venezuela

By: Mike_Whitney

Best Financial Markets Analysis ArticleMost people know that Iran, Russia and Venezuela all have vast oil reserves. And, they also know that Hugo Chavez, Vladimir Putin and Mahmoud Ahmadinejad are on Washington's "enemies list".  So, why is it so hard for them to connect the dots?  Can't they see that the media only demonizes the leaders that stand in the way of the corporate agenda?  If Iran's biggest export was pistachios (rather than oil), no one in America would have ever heard of Ahmadinejad. Instead, every time poor guy makes the slightest miscue, his face is splashed across the front pages of US newspapers.

Read full article... Read full article...

 


Economics

Wednesday, September 02, 2009

Is Venezuela's Stagflation the Beginning of the End for Chavez? / Economics / Venezuela

By: Money_Morning

Best Financial Markets Analysis ArticleJason Simpkins writes: It wasn't long ago that Venezuelan President Hugo Chavez's decision to nationalize state oil company Petroleos de Venezuela SA (PDVSA) resulted in a failed coup that very nearly cost him his post.

Now, Chavez's aggressive economic policies are again being called into question, this time as the country slides into what could be a protracted period of stagflation, which is defined by the exasperating mixture of torpid economic growth and high inflation.

Read full article... Read full article...

 


Politics

Sunday, June 01, 2008

Bogus Global Peace Index Prelude to Regime Change for Venezuela and Iran / Politics / Venezuela

By: Stephen_Lendman

Best Financial Markets Analysis ArticleThe Global Peace Index (GPI) was launched in May 2007 and claims to be the first study of its kind ranking nations according to their peacefulness. Last year's report covered 121 countries. The latest increased it to 140. Australian entrepreneur Steve Killelea conceived the idea and won some dubious endorsements. Among them, the Dalai Lama. He served as a CIA asset from the late 1950s until 1974 and may again be in tow if the Bush administration's awarding him a Congressional Gold Medal last year and closeness to him now is an indication.

Read full article... Read full article...

 


Politics

Thursday, November 22, 2007

Coup D'Etat Rumblings in Venezuela / Politics / Venezuela

By: Stephen_Lendman

The Bush administration tried and failed three prior times to oust Hugo Chavez since its first aborted two-day coup attempt in April, 2002. Through FOIA requests, lawyer, activist and author Eva Golinger uncovered top secret CIA documents of US involvement that included an intricate financing scheme involving the quasi-governmental agency, National Endowment of Democracy (NED), and US Agency for International Development (USAID). The documents also showed the White House, State Department and National Security Agency had full knowledge of the scheme, had to have approved it, and there's little doubt of CIA involvement as it's always part of this kind of dirty business. What's worrying now is what went on then may be happening again in what looks like a prelude to a fourth made-in-Washington attempt to oust the Venezuelan leader that must be monitored closely as events develop.

Read full article... Read full article...