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 bad news is: there are no real prices of gold and silver available in the World today. It is useless to follow the investment recommendations put forward, all in good faith, by individuals such as Peter Schiff.
Such is the title of an immortal work by Charles Mackay, published 180 years ago - 1841 - in London, England. We are in 2021, and the world is subject to a new "Madness of Crowds". The present "Popular Delusion" of our world, in this 21st...
China and the USA regard each other as enemies - we read hostile remarks on the part of the USA, regarding China. And China rattles its weapons.
On April 6, 2021, the website "Russia Today" made an announcement: “Russian President Vladimir Putin is reportedly preparing to give a major address in which he will fire the starting pistol on a “new era” and set out a different vision...
The Central Banks of the World – Russia and China both perhaps excepted – are all members of an International Club of Central Banks. This Club is run according to the rules dictated by the BIS, the Bank for International Settlements,...
The commentary section of Kitco is mostly made up of inane comments regarding the evolution of the price of gold. Clearly, Kitco is deathly afraid of posting any realistic appraisal of the movements in gold's price.
We had been observing the evolution of the total of Central Bank Monetary Reserves for several years, and noted a peak on August 2, 2014, when these Reserves reached a maximum of the equivalent of $12.032 Trillion dollars, according to...
The world used gold coins as money up until the first years of 1900. Since that time, the world's use of gold as money has ceased, and as of today, gold's only function is as a means of saving wealth for future use.
As I was shuffling papers in some old files, I came across a slip of paper on which I had written down the price I had paid for a Mexican $50 gold peso coin: $717 Mexican pesos.
Once again, I turn over in my mind the Chinese plan regarding their imported oil, which consists in convincing their oil suppliers to accept yuan in payment (and thus re-directing their sales outside the orbit of the US dollar) with an...
