Venezuela Demonstrates Why Socialism Always Fails

Venezuela had the greatest oil reserves of any country. The country was ruled for 14 years with the iron fist of Hugo Chavez. Then anti-capitalism wiped out the [...]

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Venezuela May Sell 3 Million Ounces of Gold

Venezuela has $5 billion in debt it must pay before year-end. They are now making inquiries to sell off gold reserves to meet their [...]

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Venezuela’s Hyperinflation

The hyperinflation in Venezuela illustrates the real causes behind such events — the total collapse in the confidence of government. It is not a question of [...]

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