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Mexican Multi Billionaire Hugo Salinas Price Mentions Ron Paul in King World News Interview on Sound Money

Excellent interview once again. Hugo Salinas Price is determined to see the return to sound money in Mexico, and globally, in his lifetime. The next 18 months are critical.

Mentions Ron Paul around 10:30

Listen here: Hugo Salinas Price on King World News

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Salinas could buy a TON of Google and Facebook ads

as an independent expenditure for pro-hard-currency candidates in the US. The law only prohibits his donation to their campaigns.

New Hampshire and Ecuador.

Debbie's picture

This was a great interview,

thank you!

Debbie

Michael Nystrom's picture

Happy to be of service

it is a great interview.

Many thanks to Eric King.

thanks 4 posting

sounds like a nice guy.

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Great Stuff

Thanks for posting this.

reedr3v's picture

If he's right about citizens of the world

remaining clueless/powerless, I don't see how silver is such a panacea. Reminds me of Molyneux's point that the freer, therefore wealthier, a society grows, the more wealth/power flow to the State, unless the people consciously and physically own their own powers.

Ron Paul

Is global!!!

If I disappear from a discussion please forgive me. My 24-7 business requires me to split mid-sentence to serve them. I am not ducking out, I will be back later to catch up.

mexico needs to legalize

mexico needs to legalize marijuana and cocaine and just take over the drug trade. change their policy to an open border policy, with the caveat that they only accept silver/gold coins.

Yo, I believe that Mexico already did that with drugs...

They decriminalized a certain possession size of pretty much all drugs last year. http://www.rantrave.com/Rave/Mexico-Legalizes-Drugs----All-O...

TA-HA!!! This would be AWESOME!!!!

That's a "grande" middle finger to the US!

great find

Thanks for posting Michael.

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good interview

bump

Napolitano: "We need Ron Paul now!"
http://www.youtube.com/watch?v=3k3JNRTVI0Q

Ralph Nader's "Only the Super

Ralph Nader's "Only the Super Rich can save us" comes to mind

Ventura 2012

Will Local Merchants Accept Silver/Gold Money !

Interesting that Article I section 8 of the Constitution says:

Congress shall have the power to.....coin money, regulate the value thereof, and of foreign coin...etc.

The USA used Mexican Silver Peso's, called ocho {8} reales, until 1857 in everyday trade.

Therefore it was legal, and Mr. Salinas-Price could be doing Mexico and the USA a great favor by the passing of legal tender status for the Mexican Silver Libertad coin with no stamped denomination, and valued by weight in Mexico.

beesting

US Dollars were based on these "Pieces of Eight"

and the Spanish Dollar.
They had intrinsic value due to the fact that they were made of silver.

Some wiki trivia!
Millions of Spanish dollars were minted over the course of several centuries. They were among the most widely circulating coins of the colonial period in the Americas, and were still in use in North America and in South-East Asia in the 19th century. They had a value of one dollar when circulating in the United States.

The coin is roughly equivalent to the silver thaler issued in Bohemia and elsewhere since 1517. The German name "thaler" (pronounced "tah-ler" — and "dahler" in Low German) became dollar in French and English.

Before the American Revolution, owing to British mercantilist policies, there was a chronic shortage of British currency in Britain's colonies. Trade was often conducted with Spanish dollars that had been obtained through illicit trade with the West Indies. Spanish coinage was legal tender in the United States until an Act of Congress discontinued the practice in 1857.

Nice

It will be interesting if Mexico beats the US in returning to sound money. Reverse migration?? (US citizens moving to Mexico)

It's more possible that

Mexican Silver will 'migrate' into America....