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Home > After 475% Stock Rally In 2013, Venezuela Begins "Operation Against Speculation"

After 475% Stock Rally In 2013, Venezuela Begins "Operation Against Speculation"

By Tyler Durden
Created 11/06/2013 - 15:31
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Submitted by Tyler Durden [1] on 11/06/2013 15:31 -0500



 

Venezuelan President Maduro is on the wires confirming that all is well in the nation - nothing to see here...

  • *VENEZUELA'S MADURO ANNOUNCES 'NEW PHASE' TO STABALIZE ECONOMY
  • *VENEZUELA'S MADURO SAYS HE'LL MAKE ECONOMIC ANNOUNCEMENTS
  • *BLACK MARKET FX RATE IS HARMING VENEZUELA ECONOMY: MADURO
  • *VENEZUELA TO START OPERATION AGAINST SPECULATION, MADURO SAYS

Yep, so after a 475% rise in the Caracas Stock Index YTD, he sees 'speculation' and will announce some 'economic fixes'... this should be good...

 

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Source URL: http://www.zerohedge.com/news/2013-11-06/after-475-stock-rally-2013-venezuela-begins-operation-against-speculation

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