05/November/2008 The strange case of falling international reserves Hugo Salinas Price Suddenly, since August, Reserves have stopped growing. What is the significance of the drastic change in the growth-trend of International Reserves, from explosive growth, to the sudden beginning of a contraction?... more>>

28/October/2008 An exercise in myth-busting Hugo Salinas Price “Financing expenditure” is a myth. All actions in the Present have effects in the Present. If a nation decides to live beyond its means, the result is not delayed into the future by “financing”. That nation becomes poorer in the here and now... more>>

27/October/2008 Banco Azteca: New policy on purchase and sale of silver ‘Libertad’ coins Hugo Salinas Price Banco Azteca, with over 800 branches in Mexico, informs us that it will apply a new policy to the purchase and sale of silver “Libertad” ounces, in response to the restriction on supply of silver “Libertad” coins applied last week by the Bank of Mexico... more>>

19/June/2008 Tribute paid in oil Hugo Salinas Price We can quite correctly say that the US and the Eurozone – and other countries whose currencies are considered “reserve currencies” – are “paying” for their oil imports with nothing at all... more>>

13/August/2007 The meaning of quality in money Hugo Salinas Price The “Libertad” silver ounce coin, once monetized to circulate permanently alongside paper money and banking digits, is a coin of quality and its merit does not reside in the sphere of quantity... more>>

25/May/2007 Where's the gold? Hugo Salinas Price CB and IMF reported share of world gold stocks has fallen from 50.34% in 1966 to 18.2% today; however, careful studies estimate undisclosed Central Bank loans of gold of up to 15,000 tonnes, which the borrowers (“bullion banks”) sold to private individuals... more>>

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>>

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>>

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>>

01/November/2006 The destruction of the Mexican Peso. 1910 - 2006 Hugo Salinas Price In cultural and human terms the use of simulated money has cost Mexico the disintegration of the institutions which have given shape to our nationality. The cultural and human stature of each Mexican has been severely reduced... more>>