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Re: How could it get any worse??? Venezuela's Currency Disintegrates 

By: Decomposed in POPE IV | Recommend this post (1)
Thu, 03 Nov 16 6:48 PM | 89 view(s)
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Msg. 13234 of 47202
(This msg. is a reply to 13209 by micro1)

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A point from the article - though the underlining is mine - that's worth noting: 

"The spectacular chart below - one which awaits every fiat currency at some point - shows how many Bolivars one USD buys: as of today it is 1,567. It was 1,222 seven days ago." 

Nothing more to say. 




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Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months




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The above is a reply to the following message:
How could it get any worse??? Venezuela's Currency Disintegrates
By: micro1
in POPE IV
Thu, 03 Nov 16 11:51 AM
Msg. 13209 of 47202

http://www.zerohedge.com/news/2016-11-01/venezuelas-currency-disintegrates-plummets-20-one-week


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