Posted on 07/11/2014 6:28:49 PM PDT by 2ndDivisionVet
For many Americans the country of Mexico conjures up images of a third world nation. The poverty, lack of basic services, and extreme violence has left the populace so desperate that thousands of people on a daily basis head to the United States for a better life.
But according to Future Money Trends, all that could change in the near future as key Mexican financial leaders and politicians have been working to institute sweeping monetary change that, if implemented, could unleash a global power shift of epic proportions.
“Take just three or four men out of the ‘anti’ group,” says Hugo Salinas Price, a Mexican multi-billionaire and the man behind the monetary push, “and we could practically get a unanimous ‘yes’ vote in both houses.”
Like recent monetary shifts in Russia, China and the Middle East that aim to divest themselves of US dollar reserve trade requirements, the news of such a move in Mexico has been downplayed. And though it is being generally ignored as a serious possibility, a powerful consortium of influential people in Mexico believe it is a realistic possibility, and one that could be responsible for shifting the balance of world power.
(VIDEO-AT-LINK)
This could be a major turn of events that will have global implications. The action’s set to unfold in Mexico, where many of its most influential and wealthy citizens are demanding the country abandon its fiat currency, the Peso, and return to a silver standard.
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We know that many people are used to looking at Mexico as the violent, crooked, messed up country over the border… the one that sends all those illegals over here because even picking canteloupes for giant U.S. agri-businesses pays better than the job at home… it’s now time to rethink all that, because a silver standard in Mexico would unleash the biggest global power shift since Spain raided the Aztecs 600 years ago.
It’s unavoidable. History repeats itself, especially when its exactly the same economic situation.
Coupled with a continued silver supply crunch and deteriorating conditions for fiat currencies around the globe, a new silver-backed currency in Mexico or any other country could be a boon for precious metals.
The real question is, will western central bankers allow such a move to happen? We know what happened in Libya and Iraq when their leaders tried a similar strategy that would have freed them from their dependence on U.S. dollars. They ended up under a no-fly zone that carpeted their countries with millions of pounds of ordnance.
But with Mexico working closely with China on economic matters and numerous super powers vying for control of the global economy and geo-political landscape, new systems of trade are sure to emerge. Those who catch the trends early and invest appropriately in hard assets could see their personal wealth increase significantly during the financial, economic and monetary upheaval to come.
I think the same way about the billions of hard clear stones. Jewelry is nice if is it handcrafted and original but I’m not the type of person that needs attention because of bling. Living on a hardwood forested hill with a stream running through and my grandkids playing in peace, that is priceless. Maranatha!
Thanks! My first question may have been a tad too subtle. What happens when an organization like the Fed can "legally" undermine the value of a currency (compared to the intrinsic value of the nation) by creating more units?
Doesn't that negate the effort to have the currency be scarce or at least contolled?
When that happens does the currency still reflect the value of the nation?
It seems to me that the value of a nation must be expressed with a stable currency for the free market to work properly. Distortions cause uncertainty and make it impossible to assess risk.
Mexico is basically Apartheid-era South Africa.
“Little by little, the international community is shunning the holding of U.S. dollars.”
I’m sure they all want to but can’t figure out how and what other country is stable enough to go with.
Your post rings absolutely true. Spain still effectively owns Mexico..
Obviously the US government has become more corrupt then Mexico’s.
Been a while.
Goldbug ping.
Mexico is not going to be a power.
There may come a time when our grandchildren are trying to sneak across the Rio Grande into Mexico for a better way of life. I hope those who came from Obama supporting parents turn around and give them all the finger.
Mexico has one of the largest silver mines in the world and it’s government owned.
As stated there are many “shifts” happening on the World Stage now....I don't think it will take a single nation state...rather it will be a group of nations. And they already have it figured out...just a matter of implementing it...and when.
The IMF is already shaking in it's shoes as it's coming faster than they believed.
they are several moves ahead of us geopolitically..
Because the American dream is not a ‘thing’. It is an idea based on principles. As long as people remember and ‘value’ the principles that underlie the idea, the currency of America will always be valuable.
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Your posting #16 is an excellent piece of writing!
‘So what gives ‘gold’ value? It’s all psychology. If there is fear or uncertainty in the world, people for some odd reason will go buy gold even they don’t hold it physically. It’s an emotional statement based on fear.’
Yes the value of gold is psychological. The value of silver is that and its thousands of industrial uses. Gold has been used as a medium of exchange for roughly 4 thousand years, so I have heard. The value of everything is psychological, it is worth what someone else is willing to give for it. But you can’t print gold.
American fiat currency is backed by ‘the full faith and credit of’ nothing. It is backed by nothing. Every fiat currency ever tried has failed. At the present time the great unwashed American people are the only people in the world that don’t question its value and even they are waking up to its demise. With inflation easily noticed when you buy anything why hold dollars? It is a depreciating asset, I would rather hold food, it’s value is going up rapidly. The dollar does not even make good toilet paper, but if you have some you don’t need you are welcome to send it to me while it is still worth something. Better hurry.
‘The first question is a good one and explains the enormous efforts in making a currency difficult to counterfeit. The tech wave of the last 40 years have made it possible for counterfeiters to create currency that was undetectable from the real thing. So a counter effort in technology was required. And today our US currency looks quite different that it did 20 years or even 10 years ago.’
Another plus for gold is you can’t really counterfeit it, unlike paper money the world over. Second, politicians can debase our currency at any time. Do you, after the last few years, trust them not to?
There's something real significant about this article. It's the connection between the destruction of Libya and Iraq and their moves to stop using the dollar as their exchange medium.
That hypothesis used to be dismissed as "conspiracy theory". It always made sense....and anything that makes sense most often ends up being true.
The global elitists and their bankers and their military arm, NATO/US troops have wreaked havoc globally in their lust for control. It might be that countries that can do so taking control of their own finances away from the globalists will be the only thing that restores freedom.
Mexico? No gun rights, no trial by jury, a completely corrupt government, and narco terror. A free state experiment isn’t coming there anytime soon.
See tag line.
Almost True. It is not backed by 'nothing', it is backed *ultimately* by the will of the American people, the American military forces and the 2nd Amendment.
At the present time the great unwashed American people are the only people in the world that don’t question its value and even they are waking up to its demise.
Untrue. The American people are not unwashed, your quip is disrespectful of the hundreds of millions of Americans that deserve better. Americans do question the value of their dollars but they are not 'waking up to its demise'. They question the economy and inflation just as they have in all generations past. Your quips here are full of hyperbole.
With inflation easily noticed when you buy anything why hold dollars? It is a depreciating asset, I would rather hold food, it’s value is going up rapidly.
If you can store food long enough, then you have a good point there. But I suspect it's a little bloviated with an emminent release of fartrous fartoxide.
The American people will not stop holding dollars to store walnuts in their basements. They will question economic policies that are the culprit in raising concern over the dollar's value. It is not dollars that are at fault here, it is government mismanaged policy making.
The dollar does not even make good toilet paper, but if you have some you don’t need you are welcome to send it to me while it is still worth something. Better hurry.
A quip that has no value and not even entertaining. You're out of your league here.
“The IMF is already shaking in it’s shoes as it’s coming faster than they believed.”
I wonder if this is why Obama has fast-tracked destroying this country. So it all coincides.
There are still many negatives for gold and your insinuation that gold is not easy to counterfeit is not true.
Aristotle himself under pressure of losing his position devised a way to tell if gold bars were solid gold or not. Even today gold bars are not pure and the question is always how pure are they. There is some tech available to help answer these questions but the tech is cumbersome and difficult to commercialize.
Then there are problems of lugging around gold to use as money for daily commerce. It’s not practical. So paper currency can be gold backed which is a good step but has its downside as well.
The wealth of society is in so much more than a gold backed currency. The USA has so much more in resources than it does in just a gold hoard. Drill Baby Drill in the Bakken proves yellow gold is irrelevant; black gold is where it’s at.
Still a gold standard is commendable and was the standard designd by early America founding visionaries.
But gold itself is a mirage. What would make gold have value in a gold backed currency is the ‘force’ behind it, not the gold itself, it’s just a yellow metal.
The value of a currency lies in the ‘force’ behind it and more pertinently the character, properties and attributes of that force. Is it benevolent? Is it repressive? Is it attractive? Is the society that the ‘force’ is joined to an attractive society?
The Global Currency Reset, a ‘big idea’ discussed in world banking forums and government panels was supposed to happen this month. It was supposed to happen last year. It never happens because it requires an international agreement of all nations to value their currencies based on the national balance sheets and income statements. This effort has spun off myriad games in the financial world including historical defunct bonds from a 100 years ago to offset current ledgers etc. It was supposedly waiting for a final signoff on the Iraqi Dinar but we have seen that it’s possible Iraq may not even exist in the next months as it fractures and burns.
It is interesting to watch it all cycle through.
In the meantime, for the moment anyways, my ‘gold’ is in holding and occasionally consuming a bottle of Ex Umbris from Owen-Roe Vineyards and Winery, a Syrah from the Yakima Valley. Then add a view of the sea, the Olympic Mountain skyline, a backdrop of peace, serenity, warm friends and family and great great value is created, very competitive with gold bars.
http://www.wine-searcher.com/wine-26412-0001-owen-roe-ex-umbris-syrah-yakima-valley-usa
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