Articles related to Mexico
Hugo Salinas Price -
  The Mexican Congress Debates the Monetization of the 'Libertad' Silver Ounce
Documento sin título A translation of a report on a debate in the Mexican Congress, published by Economist Guillermo Barba on his website: On September 13th I participated in the Forum for "The Promotion of Savings by Mexicans" organized by the group "Legislators in Favor of Savings by the People" who are members of the Chamber of Deputies (i.e. "Congressmen") in the Mexican Federal Congress; the group is led by Congre
Monday, September 18, 2017
Mac Slavo - ShtfPlan
Venezuela Has Officially Abandoned The Petrodollar – Does This Make War With Venezuela More Likely?
This report was originally published by Michael Snyder at The Economic Collapse Venezuela is the 11th largest oil producing country in the entire world, and it has just announced that it is going to stop using the petrodollar. Most Americans don’t even know what the petrodollar is, but for those of you that do understand what I am talking about, this should send a chill up your spine. The petrodollar is one of the key pillars of the global financial system, and it allows us to live a far higher
Sunday, September 17, 2017
James Howard Kunstler
Dreamers Dreaming Dreams
Hurricanes Harvey and Irma are so out of the news now that people not listening to the mold grow in their sweltering bedrooms probably think these events had something to do with the Confederate defeat. Both The New York Times and the WashPo are much more concerned this morning with doings on the planet Saturn, and the career moves of fashion icon Chelsea Manning, which is perhaps how things should be in Attention Deficit Nation. Standing by on developments there…. In the meantime, personally, I
Friday, September 15, 2017
Mish - Global Economic Analysis
Mexican Congress Debates the Monetization of the ‘Libertad’ Silver Ounce
Guillermo Barba shares his post on a debate in the Mexican Congress to monetize the ‘Libertad’ silver ounce coin. The original article is in Spanish. What follows below is Barba’s post in English, as it appeared on Hugo Salinas Price’s Plata website. The Mexican Congress Debates the Monetization of the ‘Libertad’ Silver Ounce By Guillermo Barba On September 13th I participated in the Forum for “The Promotion of Savings by Mexicans” organized by the group “Legislators in Favor of Savings by the
Friday, September 15, 2017
Chris Powell - GATA
Mexican Congress discusses monetization of Libertad silver ounce coin
Mexican financial journalist Guillermo Barba reports today that Mexico's Congress yesterday discussed the proposal of Hugo Salinas Price, president of the Mexican Civic Association for Silver, for the country's central bank to mint, issue, and guarantee a steady price for Mexico's silver Libertad coin as a savings vehicle for ordinary people. "This is not the first time that this proposal comes before the Mexican Congress," Barba writes, "but we pray that this time it becomes a reality. We hope
Friday, September 15, 2017
Mish - Global Economic Analysis
A Silver Coin for Mexico: History Lesson and a Stellar Proposal
My friend Hugo Salinas Price, a tireless promoter of sound money, offers a Primer on the Mexican ‘Libertad’ Silver Ounce as a Vehicle for Savings of the Common Folk. This is a guest post by Hugo Salinas Price. Due to its length, I will not use block quotes. My comments appear at the conclusion. A Primer on the Mexican ‘Libertad’ Silver Ounce as a Vehicle for Savings of the Common Folk Hugo Salinas Price Who created the Mexican silver peso known as the “0.720 Peso”? President of Mexico Venustia
Thursday, September 14, 2017
Hugo Salinas Price -
A Primer on the Mexican 'Libertad' Silver Ounce as a Vehicle for Savings of the Common Folk
Who created the Mexican silver peso known as the "0.720 Peso"? President of Mexico Venustiano Carranza. When did minting of this coin begin? In 1920. Why was it known as the "0.720 Peso"? Because its silver content was 72% of its weight. What was the silver content of the "0.720 Peso"? The pure silver content of the "0.720 Peso" was 12 grams. What was the value of the silver in the "0.720 Peso" in 1920? In 1920, 12 grams of silver were worth 52 Mexican cents. For how many
Wednesday, September 13, 2017
Jan Skoyles - GoldCore
Gold Has 2 Weekly Gain,18 Higher YTD – Trump’s Debt Ceiling Deal Hurts Dollar
– Gold hits $1,355/oz as USD at 32-month low -concerns about Trump, US economy – Silver and platinum 2.3% and 1.2% higher in week; palladium 3% lower – Euro Stoxx flat for week – S&P 500, Nikkei down 0.65% and 2.2% – Geo-political concerns including North Korea, falling USD push gold 2.1% in week – Gold prices reach $1,355 this morning following Mexico earthquake – Safe haven demand sees gold over one year high, highest since August 2016 – Silver touches $18.24 – highest level since April 2017 –
Saturday, September 9, 2017
Mish - Global Economic Analysis
Trade Deficit Widens Slightly: China, EU, Japan Up, Mexico Down
The Census Bureau International Trade report shows that the goods and services deficit was $43.7 billion in July, up $0.1 billion from $43.5 billion in June, revised. July exports were $194.4 billion, $0.6 billion less than June exports. July imports were $238.1 billion, $0.4 billion less than June imports. The country-specific details may have Trump howling. The Deficit widened with China, the EU, and Japan. Trade Balance North America and Europe Trade Balance Rest of World Largest Deficits
Wednesday, September 6, 2017
Mac Slavo - ShtfPlan
Hurricane Irma: If There Was Such A Thing As A Category 6 Hurricane, This Would Be It
This report was originally published by Michael Snyder at The Economic Collapse Hurricane Irma has become even stronger than the most extreme forecasts were projecting. According to the National Hurricane Center, Irma had sustained winds of 185 miles per hour at one point on Tuesday. That makes it the strongest Atlantic hurricane in history “outside the Gulf of Mexico and Caribbean”. I was criticized for suggesting that Irma could become so powerful that it could potentially be labeled a “categ
Wednesday, September 6, 2017
Mish - Global Economic Analysis
Irma Strengthens to Category 5, 185 MPH Winds: Fifth Strongest on Record
Hurricane Irma did something the models did not predict: Strengthen to category 5, with winds at 185 miles per hour. It is still on track to clobber Puerto Rico and Florida. Per @NHC_Atlantic, Hurricane Irma has strengthened further and now has winds of 180mph.Only four hurricanes in history were stronger. — Eric Holthaus (@EricHolthaus) September 5, 2017 Vox reports Hurricane Irma is one of the most powerful Atlantic hurricanes ever. On Tuesday, the National Weath
Wednesday, September 6, 2017
Mish - Global Economic Analysis
Bloomberg’s View: “US Superstar Companies Gouge Consumers, Underpay Workers and Invest Too Little”
In a “Bloomberg View,” Noah Smith says America’s Superstar Companies Are a Drag on Growth. The U.S.'s superstar companies gouge consumers, underpay workers and invest too little — Bloomberg View (@BV) September 4, 2017 Amazon is gouging consumers? Walmart? Google? The article did not mention a single superstar company that is gouging consumers. Instead, Smith cites studies that also fail to mention a single company that is gouging consumers
Tuesday, September 5, 2017
Adam Hamilton - Zealllc
Silver Miners’ Q2’17 Fundamentals
The silver miners’ stocks have largely languished this year, grinding sideways near lows for months on end.  This vexing consolidation has fueled near-universal bearishness, leaving silver stocks deeply out of favor.  But once a quarter when earnings season arrives, hard fundamentals pierce the obscuring veil of popular sentiment.  The silver miners’ recently-reported Q2’17 results reveal today’s silver prices remain profitable. Four times a year publicly-trade
Sunday, September 3, 2017
Jeff Clark - Casey Research
  Does Gold Keep up in Hyperinflation ? 
Inflation is anatural consequence of loose government monetary policy. If those policies get too loose, hyperinflation can occur. As gold investors,we'd like to know if the precious metals would keep pace in this extreme scenario. Hyperinflation is an extremely rapid period of inflation, but when does inflation (which can be manageable) cross the line and become out-of-control hyperinflation? PhilipCagan, one of the very first researchers of this phenomenon, defines hyperinflation as "an inflation rate of 50% or more in a single month, "something largely inconceivable to the average investor.
Saturday, September 2, 2017
Bullion Vault
Gold Price 'Surge' to $1320 Attracts Institutional Investors as US Debt Ceiling Deadline Looms
GOLD PRICES held at 10-month highs versus the Dollar on Friday morning in London but traded at only 2-month highs in Euros and Chinese Yuan as the US currency slipped ahead of key monthly jobs data from the world's largest economy. Rising back to $1320 per ounce today, the Dollar gold price on Thursday ended August well above the 6-year downtrend starting at its all-time high of $1920 – set when US government debt lost its "risk-fre
Friday, September 1, 2017
Bullion Vault
Gold Prices 'Could Remain Above $1300 for Some Time' Despite Revised US Growth Figures and Gaining Dollar
GOLD PRICES retreated on Thursday morning in London while the Dollar recovered on positive economic data from the United States and China and investors extended stock market gains, writes Steffen Grosshauser at BullionVault. The US Dollar regained ground after the US second-quarter gross domestic product grew by 3.0% - its quickest pace in more than two years. Furthermore, 237,000 workers were hired in the US in August, compared with an expectation of a 185,000 rise, whic
Thursday, August 31, 2017
Chris Martenson
Harvey Is A Major Still-Unfolding Disaster
Superstorm Harvey continues to wreak epic damage to Texas, particularly Houston. But it’s not the wind, it’s the rain. Epic, record-breaking, unbelievable amounts of rain. It’s entirely possible that the entire region will not get back ‘to normal’ for months, if not years. Vice President Mike Pence noted that given the “magnitude of the flooding” that “it will be years coming back.” (Source) Tens of thousands of homes are flood damaged, many of them total losses. Only one-in-six Houston residen
Wednesday, August 30, 2017
Mac Slavo - ShtfPlan
Watch: Mexican Military Battles Drug Cartel Near US Border
Whenever a debate rages over the merits of establishing more stringent border controls with Mexico, both sides argue about whether or not illegal immigrants hurt the economy, or if these people are burdening our public services. They argue about whether or not the flow drugs from the southern border is corrupting our youth, or more importantly, if we need to worry about cartel violence spilling over our borders. But these issues are referred to in abstract terms. When people argue about Trump’s
Wednesday, August 30, 2017
Why oil prices are sinking as gasoline soars after Harvey
MarketWatch/William Watts & Myra P. Saefong/08-28-17 Gasoline futures soared Monday as Tropical Storm Harvey continued to wreak havoc on Texas, knocking major Gulf Coast refineries out of action. And while the storm is also expected to curtail offshore crude oil production in the Gulf of Mexico, crude futures are under pressure. That’s because the supply impact is more than offset by the hit to demand for crude by the refinery shutdowns. …“West Texas oil futures fell as the market expects that r
Monday, August 28, 2017
Przemyslaw Radomski CFA - SunshineProfits
Government Shutdown, North Korea, and Gold
On Tuesday, President Trump threatened to shut down the government. What does it imply for the gold market? Speaking at rally in Phoenix, Arizona, on Tuesday night, President Donald Trump threatened to shut down the government in order to secure funding to build the wall along the border with Mexico. “If we have to close down our government, we’re building that wall”, he said. “One way or the other, we’re going to get that wall”, Trump added. As a reminder, the government will shut down if the P
Friday, August 25, 2017