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Hugo Salinas Price: Story of a gold coin

Section: Daily Dispatches

3:12p ET Monday, December 3, 2018

Dear Friend of GATA and Gold:

Hugo Salinas Price of the Mexican Civic Association for Silver writes today about coming across an old receipt for a Mexican gold coin he purchased for 717 pesos in 1972. He calculates that it has appreciated in value against those 1972 pesos by a fantastic margin. That is, the coin for which he paid 717 pesos 46 years ago would be worth nearly 31 million of those old pesos today. He's still living in Mexico and thinks he'll hold on to that coin a while longer.

Salinas Price's short essay is headlined "Story of a Gold Coin" and it's posted at the association's internet site here:

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


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