Accepting an academic honor last week at a ceremony at the Russian embassy in Mexico City, Hugo Salinas Price, president of the Mexican Civic Association for Silver, argued that Mexico's central bank should purchase a portion of the country's silver production for monetary reserves just as China is buying the whole of that country's gold production. Salinas Price discloses that he has urged Russia to issue a silver ruble in anticipation of replacement of the U.S. dollar standard with a metallic money standard in the world financial system. Salinas Price also discusses the suppression of gold and silver prices by a cabal of U.S.-led central banks and financial institutions.
His address is headlined "Silver and the Great Future of Mexico," and, important as the address is, it may be more important still for showing that academic and political leaders in Russia are listening to him. It is posted at the association's internet site, Plata.com, here:
http://www.plata.com.mx/Mplata/articulos/arti...idarticulo=3...
