It is now a global phenomenon. More or less a year, the price expressed in dollars was higher than the rest of the world. But over the last three, four and five months the increase has been so fast that has affected all currencies have to be careful with notes on the transport cost, post will have an impact on certain goods, including food. Also indirect costs. As you continue up the price of oil will spend more on alternative fuels and more resources be allocated to renewable fuels. Since then, he says, has implications for the increased cost of agricultural products. So there are both direct and indirect ways that we can foresee in the next 12-24 months.
Siegel adds that it has seen has increased dramatically in recent months the price of oil substitutes, including natural gas, after remaining stable for many years. No rose-oil, but over the last three or four months has increased from 40 to 50%. Hopefully, OPEC knows how to handle the situation properly, because prices continue to rise, the consequences are very serious for many countries dependent on oil, all generate a rise in the final products, and what worries over how the poverty, hunger will increase. In the Venezuelan case that concerns us, fortunately being a good producer and supplier of oil, the situation is favored in its economy, unfortunately, seems to be no economic programs to help develop the country and solve the serious problems facing health , housing, poverty, education, quality of life. Shall the government, administer, manage their income towards the country, thus avoiding wasting money on behalf of projections and political conquests, when there are many challenges to ensure the Venezuelan quality of life better than it currently faces, before a environment that has generated an atmosphere of uncertainty, insecurity, risk. It is an opportunity to restructure its major weaknesses in education, health, housing, businesses that support the development of products involving Venezuela to exploit their other wealth, agriculture, mining, metals, among others. How are you opportunities to be exploited to the fullest and learn to invest currencies according to the country.