Hyperinflation in Venezuela

In case of hyperinflation, which is a loss of confidence in the currency, nothing will protect your purchasing power better than precious metals.

Thanks to my friend H., we can just have a look at Venezuela. The country went from one Bolivar to another one : The Bolivar, to the Bolivar fuerte in 2008 (at the rate of 1 for 1,000) and to the Bolivar soberano in August 2018 (at the rate of 1 for 100,000).

The purchasing power of the currency is plunging, collapsing

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