The price of oil drops but gold exploitation increases in Venezuela
Its economic formula is to lower the price of oil but increase gold extraction to temporarily stabilize the Venezuelan crisis. In the month of July the price of oil closed at 75.34 dollars and in August the price per barrel reached 70.76 dollars. This episode has shown interest Donald Trump. This cushioning effect of the drop in the price of Oil could be decisive for American consumers and their willingness to mitigate the significant restriction on purchasing power from the increase in tariffs this quarter and next.
8/27/20251 min read


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