The Chinese central bank announced it has nearly double its gold reserves since 2003. In the meantime, Venezuelans scramble to get US dollars from the parallel market. What are the implications of the Chinese move into gold and why should you care about it?

The Venezuelan government delays the necessary economic reforms, in spite of a global financial crisis. It might be too late when they finally act and then they will probably impose the wrong measures.

The venezuelan central bank reported inflation in November went up 2.3%. This year alone the NCPI has increased by more than 27% and by the end of the year it will likely be over 30%.