La Francia building on Plaza Bolivar, a late art deco building which has acted as a gold market since the 1950s. (Charlie Devereux/GlobalPost)

On Chavez's whim, a gold market no more

Few colonial buildings remain in Caracas. Is Chavez changing that or just haphazardly seizing buildings?

By Charlie Devereux - GlobalPost
Published: February 19, 2010 06:45 ET

CARACAS, Venezuela — Standing at the corner of one of Venezuela’s most historic squares, the Francia building always looked a little incongruous among the Spanish colonial mansions.

But for many, this late art deco construction holds fond memories — it housed Caracas’ largest gold market for more than half a century. Many came to buy engagement or wedding rings...

Recent on Venezuela:

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In desperate need of water and electricity, Venezuela is "bombing" clouds and praying for rain.

Venezuelans protest closure of TV station

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Students march against the shuttering of an opposition TV station popular as much for its soap operas as its news reporting.

Venezuela converts tourist destinations into farmland

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Venezuelans must now tell the government where they are traveling and what they are buying.

Newly rich, now under attack

Charlie Devereux - Venezuela - December 19, 2009 09:07 ET

They made their money in Chavez's revolution and seemed untouchable. Now they are in jail.

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Global Blogs:

BUSH DOG!

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Somehow I feel like I have to make a comment about Henry Falcon even if I really don’t want to. To me Falcon’s resignation from Chavez PSUV party has little to do with the opposition and...

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