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Hugo Salinas Price: The destiny of mankind hinges upon gold

Section: Daily Dispatches

4:50p ET Wednesday, September 28, 2011

Dear Friend of GATA and Gold (and Silver):

Hugo Salinas Price, president of the Mexican Civic Association for Silver and speaker at GATA's Gold Rush 2011 conference in London last month, writes this week that the imminent failure of the euro is not a matter of the lack of "fiscal union" but rather the euro's lack of fixed gold convertibility. A golden currency, Salinas Price writes, is a great unifying and stabilizing factor in human affairs. His essay is titled "The Destiny of Mankind Hinges upon Gold" and you can find it at the Internet site of the Mexican Civic Association for Silver here:

http://www.plata.com.mx/Mplata/articulos/articlesFilt.asp?fiidarticulo=173

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



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Lewis E. Lehrman on How to Solve the U.S. Debt Problem

Lewis E. Lehrman, chairman of the Lehrman Institute, sponsor of The Gold Standard Now project, advises that to reduce the $1 1/2 trillion U.S. deficit, the Republican Party must initiate an investment program.

Working Americans are not saving, which enables the banks to lead the country into a cycle of debt, leverage, boom, panic, and bust.

Lehrman says: Eliminating the budget deficit of a trillion and a half dollars cannot be done overnight. The proposal by U.S. Rep. Paul Ryan was very dramatic -- one Republican called it radical -- but it was not happily received. The solution, of course, is to design an American program for prosperity, because you can solve these entitlement problems with a growing economy. We need a tremendous program of investment, and investment comes from savings. When you pay savers, middle-income professionals, and working people 0 percent at the bank, you are not going to encourage them to save. Then we are left with a bank cycle of debt, leverage, boom, panic, and bust."

To read more and to sign up for The Gold Standard Now's free, noncommercial, weekly report, "Prosperity through Gold," please visit:

http://www.thegoldstandardnow.org/gata



Join GATA here:

The Silver Summit
Thursday-Friday, October 20-21, 2011
Davenport Hotel, Spokane, Washington

http://cambridgehouse.com/conference-details/the-silver-summit-2011/48

New Orleans Investment Conference
Wednesday-Saturday, October 26-29, 2011
Hilton New Orelans Riverside Hotel

http://www.neworleansconference.com/

Support GATA by purchasing gold and silver commemorative coins:

https://www.amsterdamgold.eu/gata/index.asp?BiD=12

Or by purchasing a colorful GATA T-shirt:

http://gata.org/tshirts

Or a colorful poster of GATA's full-page ad in The Wall Street Journal on January 31, 2009:

http://gata.org/node/wallstreetjournal

Or a video disc of GATA's 2005 Gold Rush 21 conference in the Yukon:

http://www.goldrush21.com/

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http://www.gata.org/node/16



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