Mexico Looks To Back Peso With Silver: “Would Unleash a Global Power Shift”

by | Jul 11, 2014 | Headline News | 201 comments

For many Americans the country of Mexico conjures up images of a third world nation. The poverty, lack of basic services, and extreme violence has left the populace so desperate that thousands of people on a daily basis head to the United States for a better life.

But according to Future Money Trends, all that could change in the near future as key Mexican financial leaders and politicians have been working to institute sweeping monetary change that, if implemented, could unleash a global power shift of epic proportions.

“Take just three or four men out of the ‘anti’ group,” says Hugo Salinas Price, a Mexican multi-billionaire and the man behind the monetary push, “and we could practically get a unanimous ‘yes’ vote in both houses.”

Like recent monetary shifts in Russia, China and the middle east that aim to divest themselves of US dollar reserve trade requirements, the news of such a move in Mexico has been downplayed. And though it is being generally ignored as a serious possibility, a powerful consortium of influential people in Mexico believe it is a realistic possibility, and one that could be responsible for shifting the balance of world power.


(Watch at Future Money Trends)

This could be a major turn of events that will have global implications. The action’s set to unfold in Mexico, where many of its most influential and wealthy citizens are demanding the country abandon its fiat currency, the Peso, and return to a silver standard.

We know that many people are used to looking at Mexico as the violent, crooked, messed up country over the border… the one that sends all those illegals over here because even picking canteloupes for giant U.S. agri-businesses pays better than the job at home… it’s now time to rethink all that, because a silver standard in Mexico would unleash the biggest global power shift since Spain raided the Aztecs 600 years ago.

It’s unavoidable. History repeats itself, especially when its exactly the same economic situation.

Coupled with a continued silver supply crunch and deteriorating conditions for fiat currencies around the globe, a new silver-backed currency in Mexico or any other country could be a boon for precious metals.

The real question is, will western central bankers allow such a move to happen? We know what happened in Libya and Iraq when their leaders tried a similar strategy that would have freed them from their dependence on U.S. dollars. They ended up under a no-fly zone that carpeted their countries with millions of pounds of ordnance.

But with Mexico working closely with China on economic matters and numerous super powers vying for control of the global economy and geo-political landscape, new systems of trade are sure to emerge. Those who catch the trends early and invest appropriately in hard assets could see their personal wealth increase significantly during the financial, economic and monetary upheaval to come.

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    201 Comments

    1. Wilson

      Not if it is Mexican silver. That stuff is neither pure nor of high quality.

      • eppe

        Who would have thought that Mexico had any common sense, maybe we could get a clue too, here in the USA….

        • eppe

          Should we go LONG on silver???

          • Prepperpah

            If they go to a silver standard, they can and will still debase the currency. Look at Rome for an example.Instead of shaving the coins, governments could simply adjust the rate of exchange… adjust the weight in milligrams which exchanges for a peso. The biggest problem is the lack of integrity at the top; that’s an issue no gold or silver standard will resolve.

            Stretch a few of the right necks and we’d see results.

            • OutWest

              The United States formulated our dollar from the
              Spanish milled dollar which was the forerunner of
              our own silver dollar. The Mexicans were way ahead
              us when it came to silver coinage, so this is not
              really surprising.

              • Smokey

                Actually, the Spaniards were ahead of us in silver coinage, not the Mexicans. The Spanish dollar was universally used in Europe and Asia for trade, as well as in Spanish America.

                • OutWest

                  Smokey, it’s an interesting topic.
                  I agree with you about the Spanish
                  using them for trade, but the Mexico
                  City mint(‘O’ mint mark) was making
                  the “pillar dollar” since 1732, the
                  ancestor of the US dollar.
                  As an aside, I have a 1732 Mexico
                  City mint pillar dollar in Extremely
                  Fine condition. It’s not for sale.
                  Thanks for your comment.

                • IMPCALGI

                  As a computer programmer and all around nerd, I find it interesting that the Spanish milled dollar was composed of eight bits; it’s why they called them “pieces of eight”, and why “two bits” is equal to 25 cents. The reason I find it interesting is that the basic component of all computing — the byte — is also composed of eight bits.

                  There’s such balance in history

                  Ideals Mastering Power Creating All Life GOD IS

                • Smokey

                  Outwest, an XF 1732 dollar is something nice to have, that’s for sure. I have quite a few of the Mexican Reales and Pesos back to 1809, they were minted in at least 8 different mints, I believe. Lots of fun to collect and enjoy.

                  The Spanish dollar is itself based on the older Austrian thaler, Spain ruled much of southern Europe in those days and adopted the coin to finally drive the old Islamic coinage into oblivion.

              • Be informed

                Here is what is so pathetic. Even if the U.S. dollar was backed by copper, there would be something to prevent or least slow down the collapse of it. Even freaking aluminum backing the dollar would be something. The ONLY real anything backing up the dollar is the agriculture industry because people in other countries always need to eat. The petro dollar is a joke because countries can drop the U.S. dollar to pay for petroleum at a moment’s notice. This is what makes the petro dollar weak and having little collateral behind.

                Again, the one industry that has strength behind it is the export of food. Yet the government pays farmer’s NOT to grow food. The one industry that can offer some substance to the U.S. dollar, the government doesn’t use. They wonder why people like us on this site that are still awake, why we are so paranoid about everything that this government does and how in jeopardy our freedoms are.

                The masses are like Charlie Brown running up to kick the football and Lucy pulls it away and Charlie Brown makes that hilarious sound like ARGHHHHHH, and falls on his back. Keeps coming back again and again knowing that what Lucy promises that she won’t pull the football away this time. The government and the public are the same way, especially around election time. The public once again lands on their backs counting the clouds.

                • Be informed

                  The public believing that the government won’t pull away the football at the last second so they won’t land flat on their back. Especially IF there is an election this year.

                  Classic Charlie Brown (the masses) moment with Lucy (the government) once again fooling him (them).

                  http://www.youtube.com/watch?v=055wFyO6gag

                • ba

                  Actually we are just barely a net exporter of food. Some years we are net importers.

              • Tony

                The spanish and not the mexicans? Ha ha ha I am mexican and descended from the spanish. My ggggggg grandfather was born in 1660 in a highly mineralized area in Mexico where the are large deposits of silver, was granted 2,000 hectares of land. Also he owned mines which was passed down in the family for generations. I have all the documents showing the marriages and the clasification of ethnicity back then.

          • WhoWuddaThunkIt

            I SOLD all my Silver and Silver coins @$42 in March 2012 near the peak when it hit about $48. Now I laugh at where Silver is again, Half price. I think anything under $19 is a Buy again.

          • RICH

            GO LONG IN LEAD!! NOT SILVER.

            • The Old Coach

              Done that. Also C360 brass alloy.

        • WhoWuddaThunkIt

          My Life, Security and Wealth are all backed by my Brass filled with Lead, Beretta and Sig Sauer. How about you?

          • David

            Those may well be classified as “mousers”. You know, they antagonize, but aren’t the preferred piece to do the job.

            For my money, you need two pieces: (1) 12 GA Mossberg Tactical 500, and (2) AR-15, w/scope and light.

            Now, you can keep the pea-shooters for wipe up.

            Hope you don’t need to use them, but its just a matter of time, I suspect, until they start coming for your stuff.

            Good Luck!

            • .02

              Might want to trade that .22 pea shooter in and get an ar 10 variant and sling some 30 caliber instead. What is referred to as a real MBR.

              • The Moon is a Harsh Mistress

                Yeah, for what .22 ammo is going for these days I can almost shoot my .300 WinMag with my reloads for less than it costs to keep my 10/22 fed.

        • durango kidd

          Mexican common sense? No complete unadulterated STUPIDITY. Here’s why: The Mexican Peso has been about 12 to 1 to the USD. The NWO transferred the American manufacturing base to China to create a billion consumers and avoid a nuclear State in utter chaos.

          The RMB is about 6 to 1 against the USD. With the signing of the TPP excess global production would be transferred to Mexico and Central America, and 600 million Chinese consumers would suddenly be buying their Gucci Handbags, computers, and Nike tennis shoes from NWO factories in Mexico.

          If Mexico were to back its Peso with silver or gold,its currency would rise in value, at LEAST equal to China’s RMB but probably even higher, which would be good for Mexican consumers initially, but excess NWO world manufacturing would be transferred to Central America and parts of South America, like Colombia; and it would not provide jobs for Mexico’s poor, who would continue to migrate to the USA.

          Other nations from whom Mexico imports goods and services would soon be demanding silver to replace their paper Pesos, IE France and the USA. Any country, UNILATERALLY backing its currency with metals is asking for trouble, Mexico most of all, because it would miss its industrial revolution.

          Another BS video to support silver. FMT never tires in trying to lead alt media lemmings over the cliff, to support the Silver Barons whose ass Daniel continually kisses.

          Can you say, Future Money Trends False Flag??? ๐Ÿ™

          • durango kidd

            Salinas has been pushing silver in Mexico for 15 years. This article and others appearing at other Alt Media sites, is a P.R push for silver that rivals BS press for Kim Kardashian.

            There is no silver shortage. If there were, copper mines would be putting on another shift, because that’s where most of the silver in the world comes from. This is not to say that silver isn’t a valid prep, or that Daniel isn’t trying to increase demand for silver. He is. At your expense.

            A sucker is born every minute. A silver sucker every time Daniel pushes another silver video. Hugo Salinas Price is a billionaire. Wonder how many small silver miners or silver mines in Mexico he controls???? ๐Ÿ™

          • Mussel

            Islam requires gold backed currency. I guess some tenets are ignored! Are Muslims hypocrites?
            I beg to differ on the argument above. Timing. When inflation starts to run out of control, then the first country to peg to commodities will win. Do you want your assets in a currency which is deflated 5% per year? Arguably potatoes and tomatoes don’t deflate. I start to understand why Solomon took payment in commodities.

            • Snowed

              In fact, much of the Prepper movement focused on commodity value. People are storing up commodities because of a lack of confidence in the future (dollar, economy, governing bodies, etc). That ‘future’ changes at a much slower rate than human activity; so, we both can maneuver more quickly but also have our positions set before the coming changes are eviscerated.
              Many preppers on this list are using silver as a prep. Many have a basket of commodities. Clearly, all of these ALREADY have moved off of the fiat-standard, at least somewhat. Would a country represent these people?

          • maui1

            nothing like arguing a point leaving all existing fiat in place to make that point.

        • Confederate

          @ epp; Mexico doesn’t have obama running the show.

        • sixpack

          The reason a monetary shift in Mexico is being “downplayed”, us because TPTB already know how they will destroy Mexico’s economy if they try this. WE WILL INSTANTLY BE AT WAR WITH MEXICO TOO. They will instantly be “the bad guys”.

          Wait and see.

          Their demonization will only end when they are destroyed as a country…again.

          THE NWO IS PREDICTABLE.

          • durango kidd

            Sixpack: Mexico has been at war with the USA for years. The Illegal Immigrant Invasion is their attempt to transfer their poor and illiterate to US. The Drug Lords have been targeting OUT Cities with every known addictive substance with the help of the FEDS.

            I for one will be glad when we start shooting back!!! ๐Ÿ™‚

            • maui1

              think of silver (or gold) as the inch lines on a ruler. a ruler has very little value unless you have those inch lines, unless the ruler wanted by gov’t is one that measures only ONE line (size of the ruler /stick), the line given to the public by said gov’t.

      • plomo o plata

        they have a lot of mines in Mexico and like anywhere else they can refine to three 9’s fine. And if they can’t source the silver in Mexico they’ll get it elsewhere. I wouldn’t be surprised if China lent it to them if necessary. This is war. The Chinese know it. We know it. Mexico is just another proxy.

      • Muddy

        So, has Soros been in Mexico lately?

        • Rodster

          Based on current trends this is how this paragraph will probably read in the not to distant future.

          “For many Americans the country of Amerika conjures up images of a third world nation. The poverty, lack of basic services, and extreme violence has left the populace so desperate that thousands of people on a daily basis head to Mexico for a better life.”

          • Barn Cat

            I don’t see Mexico letting “whitebacks” into the country.

            • Bobby

              There are 1 million “whitebacks” currently living in Mexico. They don’t even need a card to get in.

              • maui1

                the reason why there is no need for ‘cards’?

                answer…..mexico doesn’t give $hit away.

                want to get rid of unwanted immigration in the usa? STOP GIVING $hit away!

                then, you would have imigrantion for all the right reasons…..and not just to get free Shit!

                as for the unlawful….you are not going to stop someone from entering the country if that is what they want to do. Anyone that thinks that this is possable, I have some fiat dollars I want to sell you.

          • r

            But they are met at the Mexican border and strict enforcement of national immigration law prevents the Americans from entering!

        • durango kidd

          Muddy: Hugo Salinas Price is a George Soros who speaks Spanish. ๐Ÿ™

      • Future Money Trends

        Endeavour silver and First Majestic mine in mexico and produce silver bullion there.

      • javelin

        You are absolutely wrong. The mexican una onza pieces plata pura ley .999 are easily–and internationally tested-as some of the highest quality bullion coins in the world.
        Not to mention the angelic designs are gorgeous so they are both a wonderful investment for bullion holdings but they are also aesthetically quite pleasing.

        NOTE: the “Casa De Moneda De Mexico” pieces that were made until the early 1980’s were of .925 purity= equal to the british sterling standard.

        • AC

          I have the same complaint about the Mexican silver coins that I have about the Silver Eagles – the premiums are *way* too high.

          • eddie gilchrist

            You can walk into any ELEKTRA store and get Libertads for about 2.5 dollars over spot.

            • Percenterator

              That’s almost a 12% premium – half that much would be on the high side.

      • Barn Cat

        I’m sure Mexico has the technology to mint 99.99% pure silver coins. It’s not that complicated.

      • YH

        Wilson,

        Just the thought of non-dollar precious metal backed currency is enough decimate the dollar. If Mexico actually does back the Peso with physical silver, that would obliterate the silver paper metal market overnight, triggering a parabolic rise in the price of physical silver, and expose the dollar for the massively depreciated paper that it really is. Then comes the loss of confidence in dollar denominated assets, etc. etc. etc.

      • Tacoma

        Hell Mexican silver would have more value than the American dollar

      • eddie gilchrist

        “neither pure nor of high quality?” are you out of your mind. Mines near Guanajuato are some of the best ore sources in the world.

    2. Vicky

      So, is this the planned outcome, or are Congress and POS Obama going to be surprised?

      • Jezebel

        Not if the NY Times reports on this story sometime soon.

    3. RickE.

      Good article, but the correct word is ORDNANCE, NOT ordinance! “They ended up under a no-fly zone that carpeted their countries with millions of pounds of ordinance”. (your quote).
      There’s a significant difference in their meanings! An ordinance is a city law or regulation, ordnance is ammo, shells, rockets, etc.
      I’d be glad to be your copy editor, Mac!

      • admin

        And a great copy editor you are!

        Thanks Rick — I totally missed this in my draft review. The error has been updated.

        Much appreciated.

      • NCClyde

        But don’t TPTB within the US government want both Libya and Iraq to be countries just like the USA? So the original spelling would also be correct, although there wouldn’t be millions of pouinds, just hundreds of thousands of pages.

      • WhoWuddaThunkIt

        There, Their, They’re Now!!!! Explain that to these invading Immigrants,which should be part of their citizenship test.

        • .02

          Lol most college graduates cant get it straight because they’re to busy with their heads in their icrap to actually see and digest what is happening out there.

          • sixpack

            I’ve seen posts by people who claim to be TEACHERS misusing them as well.

        • Calgagus

          As long as were nitpicking words, its invading illegals not immigrants.

          Trying my hardest to get them there words down right. Theyre hard to remember which to use and easy for me to mix up. There now.

    4. Townsaver

      Mexico on a silver standard? NOT.

      Maybe if we annex them and Canada, move to the Amero, and back that with… wait for it…

      “The full faith and credit of 3 corrupt nations”

      Silver will never be allowed into currency again, know this. Silver is still trading 25% under mining and processing costs. No, I am not repeating financial schmuck talking points. I work in a County that has a MAJOR silver operation that has been going for years. They are so upside down it is not even funny, but they keep plugging away. Why do you think that is?

      • Future Money Trends

        Because they can keep borrowing money to operate; industrial demand is there, companies NEED the silver. If mines shutdown it would just cause the price to go up and for panic to ensue. It’s just a matter of time for equillibrium to come once again.

        • Miss DeeDee

          Future Money Trends
          Is this your personal log on title or are you an official representative
          of F.M.T.
          — Miss Dee Dee

        • durango kidd

          FMT: Industrial demand is NOT there. If it were copper miners would put on a another shift and produce all the silver needed.

          More than that, technology changes will soon be replacing silver, and PGM’s with cheaper composites. The future of silver, if any, is as a metal to back currencies, but I have already addressed the serious pitfalls and tragic consequences for Mexico’s poor, if that happens.

          Don’t you feel like a dirty “silver whore”? Just asking. ๐Ÿ™‚

      • KKU

        Never allowed… until market forces and reality FORCE them to change.

      • passinwiththewind

        Everybody now……

        “It’s my Amero, and i want it now!”

      • Mussel

        Provide more info. Let’s get a group buy on that!

    5. smokey

      The peso was. 720 fine until 1945, then dropping to. 100 by 1959 and zero since 1965. My guess is any backing will be for currency only and then only a small percentage.

      • sixpack

        A small percentage is better than what we have. Besides, best if they start small anyways, since the NWO is going to destroy their effort to do away with fiat money.

    6. .02

      I see this as a last gasp of desperation. There have been civilization collapse with the coins being of precious metal. What we are facing as a specie is resource collapse and no amount of tinkering with currency can fix the problem of it taking 2 barrels of oil to extract one. No matter what the price is, money cannot buy more water for the Colorado river. Money made of gold, silver or the sweat off of virgins will not fix the problem of peak population against limited resources. The people in the drivers seat know this and is why they are acting as they are. 500 million people on earth max, remember?

      • WhoWuddaThunkIt

        Mexico has been living in 3rd world poverty for centuries and off the grid. Life as they know it won’t change much.

      • TheGuy

        Mmmm… sweaty virgins (Homer Simpson voice)…

        …where’d you find them, Mars??

      • JRS

        I, for the life of me, do not understand why you get junked for the truth on post after post.

        Must still be a lot of people sleeping out there.

        • .02

          JRS-I have many junkers that are pissed off at me for calling bullshit on their fantasy worlds. It is not popular to speak truths, and it never has been. So if you might have noticed, they seek out my posts and junk them before anyone else gets to them and reads what I have to post and mostly agree. It is strange to me that on a site as this the people are this way. I expected a bit more enlightenment.

          • Smokey

            We expect a bit more enlightenment from you, too. Explain your sustainable world population figure to us, please. Is that a scientific analysis or just smoke from Greenpeace? Why not 490 million, or 600 million?

            What was the world’s population in 1800? 1900? Why are those figures not sustainable?

            What research led you to your conclusion?

            How do you propose that 12 out of 13 people on the planet just disappear? Do you plan on being one of those who will make the sacrifice for the greater good, as you seem to believe it? If not, why not? Why is your carbon footprint, to use the phrase, acceptable while those of six billion others not?

            We don’t need more water in the Colorado River to sustain life in the Southwest, even though just a few wet years would double it’s flow. We can distill water from the oceans, pipe it from water-rich Canada and northern US, and conserve what we use. Without some massive human die-off.

            • .02

              It is the Georgia guidestones. Maybe you should research Agenda 21. I am not advocating killing anyone, I am simply pointing out the people in power that have control of nations and the power to create trillions of dollars out of thin air are.

              • eppe

                Been there myself, eerie feeling knowing they are talking about us…

                • sixpack

                  Especially when we’re not included in the conversation.

              • Smokey

                I know of the guidestones, and of Agenda 21. I was asking for the science behind it, because to me, all that rot is so much hot air. Press these people for answers, they don’t have one.

                Other than the odd nutcase, the only organized movements calling for mass murder and death on this planet are Muslims and environmentalists.

                • eppe

                  And ‘THE POWERS THAT BE’….
                  And they sure will not let us be in the “CLUB’…

              • Mussel

                America unearthed did show on it. Banker who was agent for it all refused to spill the beans. Last ethical man around.

      • Socrates

        @.02

        It’s true that are in fact, limited resources on this planet, but it’s not all about the supply…but the control of that supply. Many modern households all have running water and plumbing, which means they get access to and continually use water. So many millions have access to water whether the CEO of Nestle thinks they should have it or not. Even with as many who do have it, many millions more do not.

        Oil and energy are a great example of a resource that is not even needed any longer technically speaking, but the illusion that you need it and the amount of control remains. I can *guarantee you* that right now, certain elements of private research and governments all have working zero-point, and indefinite energy sources that work quite well, but they are not being released, as this would crush the world economies as we know it.

        Imagine a world where you have pollution free cars and transportation, simple heating and cooling, yet here we are…still trapped in our oil pit. The only way the world is going to change for the better is to rise up and take the technologies from those who continue to hold us down and limit our true potential as humans.

        We have solutions to many of the world’s problems right here, right now…greed isn’t one they want to solve unfortunately.

        • .02

          Tesla technology is a prime example of what you speak. But even so the fact remains that the soils are depleted, the oceans are damn near toast, fresh water is becoming a HUGE problem as the non replenishing Ogallala Aquifer is a dire situation that will render the worlds breadbasket useless while 3rd worlds populations are exploding. I don’t see, even with some kind of miraculous energy fix, how we are going to have enough healthy water and food for all these billions of people going forward. And we all have seen what happens when people cant afford to eat.

          • The Old Coach

            Only a small percentage of the US farmland is irrigated by fossil water. It happens to be very productive land because of technology and transportation, but the depletion of the Ogalalla won’t change our farm output all that much. Nonetheless I would be long farmland in area where irrigation is not a necessity.

        • NWO Hater

          Amen! That is exactly what I believe as well. Can mother earth sustain 7-8 billion people? Yes, under the right circumstances and right technologies.

          As Socrates points out, though, there are extremely influential people who don’t want to share those technologies so they can continue to rape us and the world of it’s resources/wealth for their own personal benefit.

          So, under their system of everything for them and nothing for everyone else, yes, the world cannot sustain 7-8 billion, which is why they have to brain wash the sheeple with the Georgia guidestones to convince those dumb enough to believe them that only 500 million can be sustained. What they really mean is that they can only CONTROL 500 million in THEIR vision of what the world should be, not ours.

      • maui1

        no…..the real issue today (and has been)is debt.

        gov’ts can’t pay down debt on a ‘one to one’ basis, and increase growth as fast as they want growth, so they inflate.

        you can’t inflate if you have a measure on your currency, so that measure (gold/silver) had to go. fiat gives gov’ts power to inflate, so they can grow with no limitations.

    7. Grafique

      Another reason to own gold/silver/metals –
      They don’t depend on debt or “asset bubbles” for their existence, as do many (most) other investments.

    8. VRF

      hey does mexico have any ammunition plants?

      maybe they have purpose after all ..or something of worth

      • Smokey

        They do. Aquila ammo is from Mexico, it’s OK stuff.

      • .02

        Aguila ammunition

      • CWinOR

        Aguila ammo is Mexican made, and they make some of the best, hottest .22 LR loads out there, as well as quite a few others.

        • The Old Coach

          Um, not to be a wet blanket, but I have never ever found any Aguila ammo that was worth a crap. Not that Remington is any better, but I sure don’t touch anything Aguila any more.

          • Oldfart

            Try living in a crowded city with an oversupply of squirrels. A bolt-action .22 and a few boxes of Super Colibre do a great job of pest elimination without unwanted visits from the local po-po.
            They shoot good out to about 20 yards.

    9. Barn Cat

      Mexico might have a better currency but they’re still Somalia without Muslims. Mexico is a hellhole despite the billions being sent back from America.

        • Barn Cat

          $23 billion every year according to the January 31 2013 online edition of dailymail dot co dot uk. Just google “how much money is sent to mexico from us”.

      • WhoWuddaThunkIt

        @BarnCat. Have you even been to Mexico? There are lots of beautiful places. Heck of a great scuba diving adventures down there. Mayan Ruins? Incredible!! If you make a statement back it up with some facts. I been watching your statements lately and they lack any validity or substance. Just saying. I will tell you this about the people, Mexicans work harder than Americans and pretty honest. And the Cat houses down there are extremely friendly. lol In fact the Peso dollar exchange rate is about $13 Pesos to $1 dollar. Still a great bargain for Americans to go to, for a vacation. A big Steak for $5.

        • .02

          I have friends that live in Baja and will NOT come back here to live. i am considering retiring in some small little fishing village in Mexico if there is still a world left to retire in.

          • Gonetoolong

            Everybody that wants to go to Mexico and live please do so. It must be utopia down there. I have never been and never will go. I do however wish that anyone who wants to better their lives and live in scuba heaven please leave ASAP.

          • Smokey

            You can live on $1500 a month fairly well if you don’t need to be near an expensive resort.

            San Lorenzo on the Baja Peninsula is much nicer than Cabo San Lucas, and half as expensive to live in. Even better, take the ferry across the Sea of Cortez to Guaymas or Los Mochis, even cheaper there.

            • The Old Coach

              I already live on $1500 a month, in reasonable comfort, in the USA. And I don’t have to speak a foreign language. Yet.

            • REB

              That means Id have to make alot more to move to mexico….think Ill just stay here… ๐Ÿ™‚

          • Anonymous

            From “Who Will Rule the World?” at Paul Craig Roberts’ website–

            RT: How are the IMF’s tools in reality โ€œweapons of mass destructionโ€ as you quoted it?

            MH: Lower budget deficits cause even deeper austerity and unemployment. The result is a downward economic spiral. Lower incomes mean lower tax revenues. So governments are told to balance their budgets by selling off public assets โ€“ mainly natural monopolies whose buyers can raise excess prices to extract economic rent. The effect is to turn the economy into a renting โ€œtollbooth economy.โ€ Hitherto free public roads are turned into toll roads, and other transportation, water and sewer systems also are privatized. This raises the cost of living, and hence the cost of labor โ€“ while overall wage levels are squeezed by the financial austerity that shrinks markets and raises unemployment.

        • Barn Cat

          Sure, Mexico has natural beauty. But have you seen pictures of the slums of Mexico City? Or seen pictures of the US border area? Mexico is a third world country. You cross the road and you’re in America.

          • WhoWuddaThunkIt

            Bar Cat- Who says you have to live in Mexico City? That would be like saying the slums of Detroit or New York City are any better.

            • Barn Cat

              Third world poverty is vastly different than American slums.
              Mexico has slums where people have piled trash together to make houses.

          • The Old Coach

            Been to Mexico once. Business trip to Torreon, by car from Monterrey airport. Toll plazas all had military at every booth, armed with M-16s and grenades. There was only one restaurant they dared feed us at, in Saltillo, and it was fouler than you can imagine. In Torreon every business except the hotel and the Pemex gas station was behind 15 foot walls with only one gate and razor wire on top. What does that tell you? The brand new John Deere plant we were visiting had a perimeter fence 400 yards from the plant buildings, also topped with wire, and we had to wait at a guard station for an escort to the lobby. I’m no Marine, but without going into detail it looked to me like they’d planned that whole layout for defense against a concerted military attack. I’ve seen that kind of thing for sensitive military facilities here in the USA, but for a bloody tractor factory? Maybe if you’re Fred Reed you can enjoy Mexico, but I’m not Fred Reed.

        • durango kidd

          WWTI: Yes there are many beautiful places in Mexico for the Uber Rich and foreign tourists. The masses have been so successfully exploited there for the benefit of the Elite that the Catholic Church masterminded a program to send their Priests to America and then the whole village was to follow. It has worked very well…. for Mexicans and the Catholic Church.

          The Globalists recognized the opportunity this mass migration offered, seized upon it and OUR Border has been porous ever since. The NWO also recognized that a massive population of poor could be dumbed down and exploited without meaningful revolution.

          Mexico has been a TEMPLATE for the evisceration of the Middle Class in America and the death of independent, representative government. ๐Ÿ™

    10. Desert Dave

      I figured Mexico would back the peso with Marijuana. If that happen Columbia will back their currency with Cocaine.

      • Miss DeeDee

        We Could back our system with EBT cards
        — miss Dee Dee

        • durango kidd

          Miss Dee Dee: WE do back OUR system with EBT cards or 50 million hungry Americans would all be in DC and the Capitol would be burning with Congress in session.

          EBT cards are a prep for the continuity of Government. ๐Ÿ™

          • The Old Coach

            “A prep for the continuity of Government.” Now that is a perceptive comment. Even our wannabee slave-masters are preppers !

            • durango kidd

              Thanks for the nod Coach, but once you connect the dots, its “paint by numbers”. ๐Ÿ™‚

        • KillOrBeKilled

          We already do! LOL

          KOBK

    11. Barn Cat

      Now is the best time to buy junk silver coins while they’re still cheap. V the Guerilla Economist predicts precious metal manipulation to end this month. I’m not saying I’m convinced but I have been topping off my preps just to be on the safe side. I now have a year’s worth of sleep supplements that have melatonin. Since I started taking those I sleep better now than I did 10 years ago.

      • Warchild Dammit!

        Hey Barn,are you advocating melatonin backed currency?I suppose better then the tin foil/used bubble gum standard we are on!

      • WhoWuddaThunkIt

        PREPPERS: Right Now is the Best time ever to buy AMMO and magazines. Ammo Prices will never again be any cheaper than they are right now at this moment. Almost back to 2010 and 2011 price levels. And with the next Election coming up you know full where this is going again.

        Walmart Run: Just got back from Walmart. All out of 9MM and .22, and just a few boxes left of.40 Cal and .45 Cal. Various boxes of .223 still available as well as high power 7mm, 30.06, etc.

        Walmart no longer carries Paper Maps, so I went to Target, and they have a great selection of Paper Maps, Entire Atlas Book of the State, and US. Detailing water ways, lakes, topography, back roads, excellent for $25 in my Bug Out Bag, copyright 2012 “DeLorme Atlas & Gazetteer.” Get all of these items while you still can. YOU HAVE BEEN FOREWARNED!!!

        • Mussel

          +1 paper maps.

      • durango kidd

        BC: Melatonin? Hey, get off your ass and get an hour of exercise every day and you will sleep like a baby without the additives.

        Just saying. ๐Ÿ™‚

      • KillOrBeKilled

        Melatonin should be used with caution. Try 5-HTP, Catnip and Valerian.

        KOBK

    12. ScoutMotto

      I don’t believe for a minute the Fed and other central banks are going to take this sitting down. On the other hand, I’ve been gathering silver for the last twenty years.

    13. TheGuy

      So I wonder if Mexico will allow illegal redneck immigration. Can I have some free sh*t from their system too?

      *crickets chirping*

      … yeah that’s pretty much what I thought…

      • The Old Coach

        There is no free shit in their system. You have to pay bribes for everything.

    14. Kulafarmer

      Yea, a country that cant even get running water to 1/2 the people in its cities is going to back its currency with silver,
      And?????
      Now if this was about Britain or Germany or somewhere that might actually pass for civilized, then it MIGHT cause a stir.

    15. European American

      “But according to Future Money Trends, all that could change in the near future as…”

      the poor and sick flock to America in droves, leaving only their middle class and the wealthy to enjoy a poverty free landscape. Ole, ole, ole, ole.

    16. Socrates

      Interesting news, indeed. I have always believed that Silver was greatly under valued and this news reinforces that.

      With all the ‘fake’ gold out there, you can expect a lot of fake silver if Mexico transitions to AG as the national monetary backing.

      A lot of talk about getting Silver out of the ground and refining to .999 purity is also connected to the Solar Industry…they use Silver in many photovoltaic assemblies, so that might also drive up the want/need level.

      I also think that the FED and IMF cartels are not going to allow it…expect to see some Silver mines have major ‘accidents’ soon.

      • Socrates

        Speaking of ‘accidents’…just had a 6.8 magnitude earthquake off of Fukushima, JP. Coupled with the tropical storm that just plowed through, that can’t be good. Tsunami alert issued, to my knowledge.

        • Socrates

          This is the site I use to see what’s going on in the world ‘alert’ wise.
          h t tp://hisz.rsoe.hu/alertmap/index2.php

          Lots of interesting information there. For instance look at Yellowstone National Park…a road ‘melted’ there and they closed all access to Firehole Lake.

          • hammerhead

            Thanks , soc .

    17. This Texan Has Had Enough

      Drudge reports a 6.8 earthquake in the Fukishima region today.

    18. This Texan Has Had Enough

      Drudge reports a 6.8 earthquake in the Fukishima region today.

      • WhoWuddaThunkIt

        You can say that again… lol

      • Warchild Dammit!

        Saw that,just a bit north of plant,like those porr folks didn’t have enuff to deal with.

    19. JRS

      Putting aside the fact that resources are becoming scarce in the world, I think this may be a good idea for currency used only within Mexico.

      As for international trade, I fail to see how it would work unless every other currency was backed by PMs.

      Maybe I am missing something here(I didn’t watch the video), but if you have a convertible currency and no one else does, your precious will soon leave your country. This is what happened in the 70s that caused Nixon to close the gold window and default on the gold debt.

      What am I missing?

      • Barn Cat

        Expect China to announce a gold backed yuan. Expect Russia to announce a gold backed ruble. Other countries will have their currencies backed by natural resources.

      • helot

        What you’re missing is, JRS, is if a country doesn’t spend more than it has, things can be fine.

        When you say, “This is what happened in the 70s that caused Nixon to close the gold window” you are mistaken.

        Are you not aware that the reason Nixon closed the gold window in the 1970’s is because the unitedstate wanted to spend more than they had – to fund a war – And maintain the so-called Great Society?

        That is key.

        They wanted to spend more than they had.
        It’s why France started shipping gold out of the unitedstate at that time… until Nixon closed the gold window.

        …You have much to learn. I hope you seek that truth and find understanding.

        • The Old Coach

          I object only to the statement that it was the United States that wanted to do it. But the elites that were already taking over sure did. Nixon did what Johnson’s corruption, Communist holdovers from the FDR days, and the bankers who ran Washington and New York told him to do. He was too devoid of principles, (and probably also too stupid) to stand up and call BS on the whole sordid mess. The American people who ARE, (or were), America would have backed him up. Just like we backed Reagan, the only President we’ve had since WW2 that wasn’t totally ball-less. What was his margin in the second election again?

          • sixpack

            They would’ve just assassinated Nixon instead of JFK…

    20. NetRanger

      HAHAHA! Wouldn’t that just put a bullet in the head of the Fed. The instant some country decides to something like that, to actually have a currency that is worth something beyond a guarantee: BAM! The demand will go to the STARS!

      Of course, stability will have to be behind it. Mexico doing it may not provide that stability to make it take off. China, Russia or India just might.

      -NR

      • passinwiththewind

        The words “Mexico”, and “stability” in the same sentence is very wierd to me.

        If,and it’s a big if, it were to happen; I see a lot of greedy smucks sending their cash to Mexican Banks so they can go down by the sea and retire with barrels full of silver.

        As with Mexican banks/politics/LE in the past, the poor smuck walks up to the teller for a cash in, and then some fat greasy haired dude comes out and says,”Please come with me”. In his office he says, “Apparently, there is a problem-o! Your papers are not in order. We have no records of transactions under this account”.

        Phucked again, Americana.

      • durango kidd

        Net Ranger: Neither China nor Russia nor India is stable. The entire world and EVERY country is looking into the abyss, except with the possibility of Germany but Deutsche bank is insolvent. Even the vaunted Austrian banking system is on the ropes with its biggest bank taking a 40% hit to its assets.

        When you say “China”, think Enron. ๐Ÿ™

        Any country that unilaterally moves to a metals backed money is in a world of shit. First the currency would rise precipitously, making imports cheap but exports toast. Second, an immediate run would commence upon those metal reserves and the country would find its TRUE WEALTH transferred overseas.

        In a global economy all nations must move to a metals back money together and this will occur after the next major war and the advent of quantum computing to ensure the safety of digital banking.

        With digital banking the complete enslavement of the American people is accomplished. Engage now My Peeps. You won’t get a second chance once THAT change is in effect. ๐Ÿ™

    21. KKU

      Folks, if you do buy silver, best to get “junk” silver (pre 1965 US coins). Lowest mark ups,easily recognizabl.

    22. This Texan Has Had Enough

      I apologize for the double posts. I only hit submit once, but often get my comment posted twice. Don’t know what I am doing wrong.

      • DaisyK

        Tex,
        you must be stealing MY posts. Half the time mine don’t post at all.

      • WhoWuddaThunkIt

        You can say that again..lol

    23. swinging richard

      Maybe we should sneak across the border into Mexico. All the Mexicans will be here, so things might not be so bad there (sarc).

      0

      rc

      • Rapid

        America has become the World’s ” Roach Motel ! ” You can sneak in but you cannot check out !

    24. Stewpedaso

      Money money money…paper, rocks, crystals, metals…and not one of them means spit unless we or they say so…still doesn’t mean spit if I don’t need it. Salt, Sugar, Spices, now those are trade goods. Water is as good as cash in some places. Trade these other things all you want but I’ll be fed and you can have your pile of junk.

    25. Warchild Dammit!

      Daisy,are you surprised?!Times are getting interesting and challenging,some folks didn’t prep and thus are post limited!

    26. Ted Kennedy

      I have more faith in Iceland going to the fish as money.

      Okie, how many tires does AF1 have?

    27. nd

      Heck, why not? They’ve got it goin’ so, so to speak, sending all their load over to our country, to be supported by our social systems, freeing up their resources to look to brighter prospects. Obviously another step in “spreading the wealth around” and pushing the U.S. closer to third world status.

    28. Rapid

      Hugo had better watch his words , or he will end up like the last American President that had the same idea about tying his country’s currency to silver ! That American President was Kennedy !

      • Archivist

        We had silver certificates and silver coins when Kennedy was president. Kennedy was probably shot because he was planning on ending the Federal Reserve.

        • Warchild Dammit!

          Or leaving southeast Asia.

        • The Old Coach

          He was shot because he out-maneuvered Johnson at the convention. Set back LBJ’s personal program of corruption by years.

          And perhaps because, unlike brother Teddy, he wasn’t a Communist sympathizer, which enabled Johnson to line up Lee Harvey and his support network to do the dirty work, thus deflecting suspicion. Wheels within wheels.

          • sixpack

            Kennedy was also pissed off at the CIA and thinking about ending it too.

    29. good guy

      FIRST THE MEXICAN INVASION, THEN THERE MONEY, AND THEN THE LANGUAGE.

      WOW THEY TOOK OVER WITH OUT FIRING A SHOT

      • Warchild Dammit!

        Eh,like the civil war it aint over yet!

    30. Satori

      ***** EBOLA UPDATE *****

      alright
      this is starting to get a little scary

      12 Liberian health workers die of Ebola, others flee posts, U.S. Airlines suspends flights

      http://www.dailykos.com/story/2014/07/11/1313149/-12-Liberian-health-workers-die-of-Ebola-others-flee-posts-U-S-Airlines-suspends-flights

      “Health workers in Liberia are said to be fleeing and returning from their areas of assignment due to the increasing number of Ebola patients. Some are said to have died from treating patients infected by the deadly virus.”

      “Fear among health workers escalated after Dr. Sam Mokoro, of Uganda died of Ebola he apparently contracted from patients he was treating in the Redemption Hospital in New Kru Town in Monrovia, despite taking the recommend precautions for health workers.”

      “โ€œThe epidemic trend in Liberia and Sierra Leone remains precarious with high numbers of new cases and deaths being reported,โ€ the WHO said.”

      you’ll remember that in the early days of this
      no one payed much attention
      as they thought that as in previous outbreaks
      it would quickly burn itself out

      they ain’t laughin’ now

    31. eppe

      I know it is BAD, but it is getting slow here…

      Subject: Confesson

      A woman takes a lover home during the day while her husband is
      at work.
      Her 9-year old son comes home unexpectedly, sees them and hides
      in
      the bedroom closet to watch.
      The woman’s husband also comes home. She puts her lover in the
      closet,
      not realizing that the little boy is in there already.

      The little boy says, “Dark in here.”
      The man says, “Yes , it is.”
      Boy – “I have a baseball.”
      Man -“That’s nice.”
      Boy -“Want to buy it?”
      Man -“No, thanks.”
      Boy -“My dad’s outside.”
      Man -“OK, how much?”
      Boy -“$150”
      Man -“Sold.”

      In the next few weeks , it happens again that the boy and the
      lover are in the closet together.

      Boy -“Dark in here.”
      Man -“Yes, it is.”
      Boy -“I have a Wilson infielder’s glove.”
      The lover, remembering the last time, asks the boy, “How much?”
      Boy-“$350”
      Man -“Highway robbery. Sold.”

      A few days later , the father says to the boy , “Grab your
      gloves, let’s go outside and have a game of catch.”

      The boy says, “I can’t , I sold my ball and my glove.”
      The father asks, “How much did you sell them for?”
      The boy says, “$500”

      The father says, “That’s terrible to overcharge your friends
      like that… That is way more than those two things cost. I’m going to
      take you to church and make you confess your greed.”

      They go to the church and the father makes the little boy sit in
      the confession booth and he closes the door.

      The boy says , “Dark in here.”

      The priest says , “Don’t start that shit again , you’re in my
      closet now.

      • Miss DeeDee

        Eppe,
        Another great story. Thank You.
        I only wish I could tell you some of my true personal stories regarding “Men of the Cloth”. They should be the ones to be doing the confessing .
        Take Care,
        — Miss Dee Dee

        • Archivist

          Years ago I worked on a computer at church for a preacher. It was loaded with Beatles mp3’s.

          • eppe

            At least they enjoyed GOOD music…
            Not like the RAP crap today, but I digress….

      • Satori

        Eppe
        that’s worth a dozen thumbs up !

        • eppe

          I always wonder if my jokes push the envelope too far, and if ‘GOD’ will get me one day for these. But then again, I bet he enjoys ‘good’ jokes too… Makes one wonder, does it not???

          • Miss DeeDee

            Eppe,
            If God did not have a sense of humor he would never have created ” The Liberal ”
            — Miss Dee Dee

          • smokey

            God prefers us to have joy in our lives.

      • slingshot

        eppe.

        Holy Smokes! Good one.

    32. TravelDoctor

      I googled “Mexico back peso silver” and news came up from 2011. Is thisold news reposted, or is this really happening again now ?

    33. Burt Gummer

      If the Mexican oligarchs want a silver peso, then they have figured out a way to further profit from the move at the expense of the rest of the population. That is the way things are run down there. Not a whole lot different than up here…

    34. Miss DeeDee

      Mac,
      I did not get a moment to tell you what a great , down to Earth , concise , accurate and simply stated article you had produced on July 9 ,2014. Let me take this moment to thank you. ” Thank You”. The piece explained how many people could starve to death without our government assistance. The only thing I think you missed was how many people would starve to death world-wide without the the foreign aid we the taxpayer are responsible for without ever a whisper of appreciation.
      Take Care,
      You’re the Best,
      Miss Dee Dee

      • admin

        Thanks Miss Dee Dee! glad you found that one of interest — I certainly did! Without EBT cards and government assistance we’d have Depression-era style food lines across this entire country.

        • eppe

          I also want to thank you for having a place where we can share, express, vent, and LEARN things, and not be ‘beat up’ for doing so. This site is one of the RARE places where we can do so, at least for now….

    35. Satori

      you can trust these bastards if you want to
      but you do so at your peril

      CDC increases regulations after anthrax, smallpox scares

      http://www.usatoday.com/story/news/nation/2014/07/11/cdc-centers-for-disease-control-prevention-anthrax-smallpox-influenza-contamination-lab-safety/12531081/

      and I really like the part where Freedom of Information requests
      were made to the CDC back in 2012
      and here it is two years later and they are still refusing to comply with the law

      WTF ???

      what are they hiding ???

      but not to worry

      they’ve “undertaken serious measures”

      is a qualification for government work a double digit IQ ???

      • Archivist

        Yes, and there can’t be any 9’s in the IQ either.

    36. slingshot

      This is not new news. A few years back I was in Mexico and the talk was a move to silver backed currency.
      Crazy things happen in Mexico and the Dollar is not doing so good.

      • Smokey

        For the record, they have been talking about silver backed currency since 1965, when they took it out entirely. Just like here.

    37. aljamo

      Mexico has some nice .999 fine silver Libertads in 1, 2 and 5 oz. coins coming out of the oldest mint in the western hemisphere. The premiums are higher, but so are the American Eagles. The Canadian Maple Leafs are purer and a at a lower premium over the spot price. I hope Mexico backs their currency with silver, but I would be surprised to see it happen.

    38. Miss DeeDee

      I’m no financial wizard but :
      I would be inclined to believe that for a government to base it’s currency on any one commodity , it would have to do a mathimatical equation dividing the amount of proven in house reserve of the commodity and the amount of known outstanding currency world wide.
      I think this mathimatical equation is the main reason Nixon gave Gold the Bum’s Rush out of existance.
      Good Luck to Mexico if I am only even half correct in my thinkng.
      — Miss Dee Dee

      • Jay

        The problem is that an ever expanding money supply pressures the value assigned to the commodity.

        So as the money supply grows either the price of the commodity must rise or the commodity must be supplied into the market in sufficient quantity extinguishing demand.

        Without an ever expanding money supply governments can’t deficit spend and the fractional reserve banking system can’t create money to lend.

        Given the current system a commodity backed currency is not all that practical. Nixon probably knew this when he shut the gold window.

        Of course all fiat currencies meet with disaster so it’s just a matter of time until we’re screwed.

    39. TurtleShroom

      This is a vert intriguing article that I found valuable in learning. This said, the tinfoil spittle from left-field dampered its integrity and the author’s integrity. The idea that we KO’ed Libya and Iraq because of their consideration of a Silver Standard (or Gold Standard) is idiocy and ignorant of the global political arena. It makes you sound like a Truther, in saying that 9/11 was an inside job to “steal” oil. (If we wanted their oil, WE COULD HAVE TAKEN IT.)

      • sixpack

        It’s more like those countries don’t condone USURY, which is the bread and butter of the NWO.

    40. Anonymous

      That Mexican billionaire had better watch his back……….he obviously doesn’t know who he is messing with! Kennedy gave the warning and they killed him…….

    41. Mike Brower

      Not going to mean a thing, where do you people come up with this kind of BS

    42. eddie gilchrist

      Lots of REAL knowledgeable silver bashers in this thread.
      Me? I am just sitting her accumulating. Buying cheap and stacking deep. Been buying since 2002. I have a number of Libertads, too (a few. anyway, about 30 rolls). They are beautiful coins. I think they are, if possible, even more beautiful than the ASE, of which I quit counting at about 8,000 or so.

      I have moved the majority of my silver stash out of the USA, and have a small amount here, with the gold. Gold is much more portable. It is something you want for “the last plane out” Silver is more bulky, but when it runs, it is like a scalded dog!

      You guys let me know how your GOOG, NFLX, and APPL goes, ok? I will be in Quetzaltenango at the Salon Tecun, watching this thing burn, and drinking a cold one in your honor.

      Tell me again what a scam silver is. I love repeating funny stories at the bar.

      • The Old Coach

        They’ll strip you naked before they let you on that “last plane out”.

    43. upandoutofhere

      remember the old StarTrek episode where the captain was taken to a planet and a women wanted to kiss him so she could catch a cold and spread it to the rest of the population? In the background you could see hundreds of faces pressed against the glass and one another, waiting to possible get sick just to make room.

    44. islander

      you know , if we wait just a little longer all the Mexicans will be in the U.S and we can quietly slip across the border and shut the gate behind us

    45. BC

      Who cares what Mexico does? Why would anyone care???? They have nothing but mafia-style drug cartels, murderers, and prostitutes. They have nothing that anyone else wants. People should let that cesspool rot (just like the middle east). Animals….just animals.

    46. Ruff Tuff Fightin Puff

      food for thought … there is more gold than silver on the earth.

      *silver is not only a currency but also has a huge industrial medical electronic metal market as well.

      And gold is selling for the low-balled central banker rigged price of $1330.00 today.

      so what does that make the true real price of silver out to be???

      *hint … “more than gold”.

      puff

    47. j.veritas

      I agree that silver is ready to explode. In June I predicted precious metals had bottomed. But I don’t believe the “Black Swan Event” here is Mexico. SHTF is a website dedicated to those who prep and understand that TEOTWAWKI is a real possibility. In a crisis of any kind supplies will dwindle and diseases will escalate. There will be an incredible demand for silver(ware) as an anti-bacterial, since so much of our food could be carrying viruses. We’ll need silver to make solar panels for those who have no choice but to live off the grid (there might not be a grid). And lastly you can bet that a dollar collapse will ensue, so bartering with silver coins will be the way to go. Gold/Silver ratio now 62-to-1. Future: a lot tighter. You can see my other summer predictions at http://www.frontlineofdefense.com/10-summer-predictions

    48. Davem

      Well, they’re sitting on literal mountains of drug cash from the US, & they sure don’t spend any of their money for the benefit of their own population (except the flyers that tell migrants how to get over the border and find a welfare office). Seems logical they’d want all of that in something other than obammy money.

    49. Prosstar

      Mexico will not be issuing Silver as currency nor backing the peso with silver either. This article is wrong. And to say that Mexico conjures of images of poverty, strife and inequality is false. I live in Mexico City. Folks in Mexico are a lot better off than in the US. 80% of freight moves by truck. 1000’s of brand new class 8 trucks clog the freeways. Same for the buses. Shopping malls jammed packed and new cars everywhere. What ever the perception of the border maybe it is the exception as 98% of the population lives in central Mexico I.E. Mexico City. I live here and make a lot of money selling brand new International trucks.

    50. Gary w0tm

      This began with an interview with Salinas Price posted on The Dollar Vigilante should anyone wish to read it. He sounds serious in his plans.

      Salinas Price has the assets to buy all the silver on planet earth much less just Mexico. For the world’s fiat currency books to balance if 100% backed by all existing physical silver, silver would have to be valued at somewhere north of $100,000 an ounce (or fiat currency take a 99.9% hair cut (or a combination of the two which seems the most likely path).

      SOMETHING has to give eventually. The more weight applied to the lid of a boiling pot of worthless fiat to keep it from exploding when “all the king’s men and all the king’s horses” are used up the explosion will be “the shot heard not just around the world but across the universe”.

      Can precious metals go to infinity? That something has never happened before does not mean it can’t happen in the future. Some days as much paper silver is traded on Wall Street equal to all of the physical silver in the world. That is (legally) impossible. Laws governing Wall Street went to prison along with Bernie Madoff neither to ever be heard from again.

      One could say “the law of the jungle now reigns on Wall Street” but that would be disrespectful of the Animal Kingdom who does have respect among species and often have their own Codes of Honor among even the wildest of beasts if you take the time to study their behavior.

      Mankind is the only specie that is irrational and often acts with anger, malice and greed just because they can. No other reason – name an animal except man who has an ego.None I can think of. Animals kill to eat. Mankind kills because it can.

      Some of our specie are indeed a shameful lot. The blast when it finally blows will either be Yellowstone with its every 700K year eruption destroying 99% of the world or it will be that boiling financial pot I speak of. Both of equal intensity and both of equal damage.

    51. Tony

      I am mexican and direct descendent of the spanish. My ggggggg grandfather was born in 1660 in Mexico in a highly mineralized area, granted 2,000 hectares of land and also owned mines as well as other families. We still own property in the same area. My great grandfather and the generations before him had silver reales. Back to our colonial days if we Mexicans go back to the silver like our ancestors used. I have copies of the documents of my ancestors going back to 1660 in Mexico.

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