Showing posts with label Hugo Salinas Price. Show all posts
Showing posts with label Hugo Salinas Price. Show all posts

Monday, June 21, 2010

Global Financial Crisis for Dummies: Why the Abandonment of the Gold Standard is Responsible for the World's Sovereign Debt Crises

http://www.zerohedge.com/article/global-financial-crisis-dummies-why-abandonment-gold-standard-responsible-worlds-sovereign-d

The below article is an extremely well written, thoughtful and lucid article written by Hugo Salinas Price, a Mexican businessman that has argued for the necessity of Mexico to return silver to a monetary status as well as returning to the use of a gold standard. I am submitting this important piece for those that have been re-educated at the world's top economic schools and consequently disseminate thoughtless propaganda regarding the reasons for massive unemployment worldwide and today's global sovereign debt crises. I am also posting this article for the unthinkers out there that fulfill the role of the "loyal dutiful wife" (this applies to both men and women out there) and always believe only what they are instructed to believe by bankers and governments. I consider the below a MUST READ for anyone that wishes to avoid wealth destruction within the next five years as the fiat currency game of musical chairs will undoubtedly result in the world's citizens left as the odd man out, standing without a chair, when the music ends. CLICK HERE to continue reading

Thursday, June 17, 2010

Hugo Salinas Price: The gold standard is the generator and protector of jobs


http://www.gata.org/node/8739

Hugo Salinas Price: The gold standard is the generator and protector of jobs
Submitted by cpowell on Fri, 2010-06-18 02:41. Section: Daily Dispatches
10:40p ET Thursday, June 17, 2010

Dear Friend of GATA and Gold:

In his latest essay, Hugo Salinas Price, president of the Mexican Civic Association for Silver and a longtime GATA supporter, elaborates on a theme he has been pressing for many years: that a gold standard is vital for local production and that a world financial system in which one country alone issues the world reserve currency destroys and dislocates industry. Salinas Price's essay is the clearest and most important sort of macro-economics and implies the moral underpinnings of GATA's work. The essay is headlined "The Gold Standard: Generator and Protector of Jobs" and you can find it at the Mexican Civic Association for Silver's Internet site here:

http://www.plata.com.mx/mplata/articulos/articlesFilt.asp?fiidarticulo=1...

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.