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Hugo Salinas Price: Gold and silver will mark the end of the present dark age

Section: Daily Dispatches

By Hugo Salinas Price, President
Mexican Civic Association for Silver
Monday, May 10, 2021

Central banks -- Russia's and China's both perhaps excepted -- are all members of an international club of central banks. This blub is run according to the rules dictated by the Bank for International Settlements in Basel, Switzerland.

Events that took place years ago resulted in the conversion of all currencies administered by the banks under the sway of the BIS into fiat currencies; that is to say, currencies that have no support or connection with the precious metals, silver or gold.

... Dispatch continues below ...


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All things human are subject to change, except human nature itself. The current financial institutions of the present have fallen into a condition that is at odds with human nature -- they function with the exclusive use of fiat money. In the nature of things, the condition of the financial institutions of our time will doubtless be subject to radical change.

In the nature of things -- rerum natura -- when world disorder -- that is, war -- undermines the sway of the BIS, some country or countries will necessarily revert to real money of gold or silver to maintain peace and economic co-operation among their populations.

In the coming world monetary disorder, the institution of national central banks will have become irrelevant. ...

... For the remainder of the commentary:

http://www.plata.com.mx/enUS/More/413?idioma=2

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