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

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...