Skip to content

Silver to be Monetized in Mexico?

May 18, 2011

From King World News, a Mexican billionaire Hugo Salinas Price says silver will be monetized (turned into currency) this year. This guy is obviously pumping his position as his “organization, the Mexican Civic Association Pro Silver, is actively lobbying the Mexican Congress to approve legislation, which will institute the pure silver “Libertad” ounce as money.”

This is however made a bit more believable by the huge gold purchases by the Mexican central bank over the last few months.

Audio Here

No comments yet

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: