Hugo Salinas Price: The further decline in international reserves

Section:

7:58p ET Monday, January 16, 2017

Dear Friend of GATA and Gold:

Noting the continuing decline in the international reserves of central banks, Hugo Salinas Price, president of the Mexican Civic Association for Silver, writes today that credit contraction is likely to follow, along with deflation, unemployment, currency devaluation, and political instability. His analysis is headlined "The Further Decline in International Reserves" and it's posted at the association internet site, Plata.com.mx, here:

http://www.plata.com.mx/Mplata/articulos/articlesFilt.asp?fiidarticulo=3...

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org



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