gold, page-94564

Before hyperinflation hit there, their stock market was mooning and the narrative was that everything was fantastic.

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Maybe that's what Peter Schiff or Jim Rickards said, but the truth is a completely different story.

Venezuela has the biggest oil reserves on the planet and they still made a mess of it, with Dictator Hugo Chavez wrecking the economy followed by Nicolas Maduro.

The economy was such a disaster that they sold their 86 tons of gold to make ends meet, despite goldbugs, right here on the gold forum holding Venezuela up as a showcase of democracy and prosperity.