TSI editor’s note: Two articles piqued my interest today. One was a story of the Venezuelan government introducing a 100,000 bolivar note that is worth just 23 cents. The other is a story pertaining to the Venezuelan government winning an appeal in a UK court over the Bank of England’s custody of their gold. The Bank of England had refused to give the country their gold back after they had requested it. It seems obvious that these two things are related, as once Venezuela gets its gold, it can return to the security and stability of sound money. See links for both articles below.
Continue reading at: