Hugo Salinas Price
Hugo Salinas Price is a Mexican citizen, born in the USA of an American mother and a Mexican father. He is 81 years of age. Married for 58 years to a Mexican wife; they have 18 grandchildren. He dropped out of three universities: Wharton, Monterrey Tec (Mexico) and National Autonomous University of Mexico. Hugo started out in business life in 1952 as a General Manager of a tiny company manufacturing radios in Mexico City. He was 20 years old at the time and soon learned about the importance of having funds to meet the pay-roll every Friday. The company was owned by his father, and gradually turned into a manufacturing company with its own retailing branch, selling all sorts of consumer goods, including its own TVs. His website is www.plata.com.mx.
Hugo Salinas Price Articles
The Chinese have announced that they have perfected a scheme, to be launched formally in the market by the end of the year, by means of which exporters of oil to China will accept the Chinese currency, the Yuan, in payment for the oil; for...
International Reserves in the world’s central banks have declined from $12.032 Trillion dollars, the peak reached on August 2, 2014, to $10.814 Trillion dollars on January 13 this year, as registered by Bloomberg. This is a decline of...
Those interested in gold are always on the lookout for news regarding the amounts of gold held by Central Banks around the world. Abundant gold held by Central Banks is generally supposed to further the cause of a return to the gold...
My father was Hugo Salinas Rocha -"Salinas" was his father's surname, and "Rocha" was his mother's surname; the custom of using both parents' surnames is universal in Latin America. Father was a successful merchant in Mexico City, and in...
At what point in History does humanity find itself? Where are we? In the course of the past centuries, the study of the physical sciences, born in the 16th Century when the Englishman Francis Bacon established the "Scientific Method", has...
The current melt-down of the world's debt bubble is likely to continue in the course of the next months. The secular trend to expansion of credit has morphed into contraction and liquidation. It is my opinion that the new trend is now...
The idea of a "Dollar price of gold" is a mistaken idea, although universally shared. Just as mistaken as the idea that the Sun revolves around the Earth. Gold is the most highly demanded of all things in this world. Every single gram of...
Total world debt has been calculated recently at $223 Trillion dollars. World debt has increased some 40% since the crisis of 2008-2009; as I recall, it was about $157 Trillion at that time. The $223 Trillion is actual debt, and does not...
The Mexican peso coin that circulated from 1920 through 1945 is known as the "Peso 0.720" because its 12 grams of silver content represents 72% of its gross weight. Today, the coin known as the "Libertad Ounce" contains one ounce or 31.1...
Some people think that one of the fundamental institutions of the 19th century should be restored; we single out Great Britain as the great leader embracing this institution.
This institution was the free minting of gold practiced by Great...
