Venezuela was once the richest country in Latin America. People from America came to Venezuela to build businesses. From the 1950s to the early 1980s, the Venezuelan economy, which was buoyed by high oil prices, was one of the strongest and most prosperous in South America.
As the Fed meeting wrapped up as expected with no change in interest rates, gold ended the last week of January holding gains of roughly $40 on the spot market. More importantly, gold has broken through and held above key support level of $1,303. The gains for the yellow metal are primarily attributable to a […]
In a semi predictable economic environment, gold price forecasts from some of the major investment banks have been accurate. In early 2018, Citi projected gold to end the year at $1,270; Goldman Sachs projected $1,275 around the same time. These projections were extremely accurate. In 2019 Citi and Goldman see gold prices hitting $1,350 and […]
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