*Remonetization of silver has broad support in Mexican Senate & Chamber of Deputies
*Banco de Mexico pressuring party leaders to vote against silver remonetization
*Remonetization of silver in Mexico would have passed long ago if not for Banco de Mexico
*Central Finance Committee to hold hearing in December, may overrule the Banco de Mexico
*If Mexico remonetizes silver, other Latin America countries will quickly follow
*Utah Legal Tender act falls short because simply declaring gold and silver legal tender provides no stable value
*Without a stable monetary value, declaring gold and silver legal tender is worthless as the general population are too poor to sustain losses due to fluctuation in values
*Silver Volatility is constantly reported- what is not mentioned is that silver has increased in value 7 times over past 12 years
*Silver volatility is artificially induced to scare off savers
*Unless the value of a legal tender coin is stable it cannot be used as money-must be given a firm value
*Need to get people off the drug habit of constant spending- people need to save again
Read Hugo Salinas-Price's full interview with Hera Research here:
