Silver Market Update
Jun 26 2009 SilverSeek
Article by David Morgan
Most of you know something that has hardly had any mention in the mainstream press at all, and this is the valiant effort of Hugo Salinas Price to work for the reinstitution of silver into the monetary system of Mexico. Mr. Price is trying to bring silver back into circulation, in parallel with paper and digital money, in Mexico.
...
It is our view that 2009 marks a watershed year for the precious metals, because the mainstream propaganda that gold and silver are archaic relics is giving way to the reality that both gold and silver are the new wealth for the new standard of living. In other words the general population will begin to wake up, and once a larger money flow starts into this market it will cause some problems for the latecomers, as the amount of paper debt that can be replaced by gold and silver is very small, relative to the amount of paper in existence. We may see various governments enact some type of tax or reporting on precious metals transactions. As your publisher learned recently, some country-to-country travel now requires reporting of any amount of precious metals moving between some borders.
http://news.silverseek.com/SilverInvestor/1245993732.php
26
June
Silver Market Update
Jun 26 2009 SilverSeek
Article by David Morgan
Most of you know something that has hardly had any mention in the mainstream press at all, and this is the valiant effort of Hugo Salinas Price to work for the reinstitution of silver into the monetary system of Mexico. Mr. Price is trying to bring silver back into circulation, in parallel with paper and digital money, in Mexico.
...
It is our view that 2009 marks a watershed year for the precious metals, because the mainstream propaganda that gold and silver are archaic relics is giving way to the reality that both gold and silver are the new wealth for the new standard of living. In other words the general population will begin to wake up, and once a larger money flow starts into this market it will cause some problems for the latecomers, as the amount of paper debt that can be replaced by gold and silver is very small, relative to the amount of paper in existence. We may see various governments enact some type of tax or reporting on precious metals transactions. As your publisher learned recently, some country-to-country travel now requires reporting of any amount of precious metals moving between some borders.
http://news.silverseek.com/SilverInvestor/1245993732.php