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15/May/2007
The silver bridge
Hugo Salinas Price
The monetization of the silver ounce, by means of the bridge which we have designed – a nominal value which cannot be reduced, but which can be readjusted upward – is a return to simplicity and to reality in the economic field... more>> |
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28/February/2007
A fairy tale world
Hugo Salinas Price
The Central Banks ended up with these huge “reserves” because they accepted a means of exchange - which was no more than imaginary money. In other words, they believed a fairy tale, like the one where Jack trades his cow for a handful of colored beans... more>> |
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17/January/2007
A new service for silver savers in Mexico
Hugo Salinas Price
Banco Azteca, which has about 1,000 branches throughout Mexico, is about to launch a new service for those who like to save silver. The new service is called “Silver in the Vault”. This service will provide savers with a safe place to store their one ounce silver “Libertad” coins... more>> |
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07/October/2006
The evaporation of civilization
Hugo Salinas Price
Oil energy has overwhelmed almost all institutions in the world. This is a terrifying fact, for a society without institutions is the definition of a barbaric society. A world without enduring institutions which limit and order human life is a barbaric world... more>> |
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26/September/2006
The Mexican Peso and the Roman Denarius
Hugo Salinas Price
With regard to silver coinage, Mexico has followed the model established by the Roman Empire 2,000 years ago. During the late Roman Empire bronze coins were ingeniously silver-plated to resemble silver coins; a little rubbing revealed the bronze... more>> |
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01/June/2006
Calling a horse a cow, doesn’t make it a cow
Hugo Salinas Price
Even if we call a horse a cow, it is still a horse. We can certainly call what we use for exchange today money; and we can regard it as money. But let us be perfectly clear: when we receive today’s money, we are most certainly not receiving payment... more>> |
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01/February/2006
What’s up with gold?
Hugo Salinas Price
There is not enough gold offered for sale to satisfy demand for gold at $550 dollars an ounce. The WBCs today either cannot or do not wish to let go of gold in quantities sufficient to keep the price of gold in check... more>> |
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