Hugo Salinas-Price-Global Economy in a Terrible Mess, No Way Out Without Suffering
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Retail mogul Hugo Salinas-Price thinks what is coming is going to be an “apocalypse.” Salinas-Price predicts, “This is apocalyptic. We are in a terrible mess, and there is no way out without suffering. Apocalypse means prices are going to go haywire. Business is going to stagnate. Unemployment is going to prevail. There is going to be enormous disorder. That’s what I see will happen. We are not going to get out of this mess easily. It is going to be painful. One way to avoid pain is to have something you will be able to trade for what you need and that is gold and silver, especially gold.” http://usawatchdog.com/apocalypse-and-enormous-disorder-coming-hugo-salinas-price/
Comments
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es hora de aprender español freends..... bye bye paper
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yo entiendo este homrbre loque dise porque a como esta lla gente de hoy en dia de confundida sin direccion se nesesita sabiduria para en entender loque el dice de la plata buen muy buen punto de vista
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The Wizard of Oz is an allegory regarding the monetary system. Gold is an easy commodity to manipulate in the markets. A silver standard was deemed more sensible and logical. That is why Dorothy wore silver slippers (changed to ruby in the film) in the original book.
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Thanks again Greg. Mr. Salinas-Price is a very humble man with a lot of money. He just makes for a better world. I really admire him.
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I see what he is saying everyday, I see the global decline and massive debt. Marc Faber and Hugo Salinas are right on the money.
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I hope this man succeeds. We need sound money
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Excellent interview.Greg. I hope his silver coin ideas workout it could save the world.very nice man. The world needs more Hugo.
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COPPER COPPER & COPPER. No one is recommending copper in coins and ingots as a medium to trade when SHTF. Gold and silver will go through the roof as well as other metals. You will not want to trade a 10 thou $ gold oz for 1 loaf of bread. You will not want to trade $1000 oz of silver for a tank of Gas. Copper would be the best for trade as it is sure to rise along with gold but will have a more affordable price range for the common person in the general public who has kids to think of and protect. even now gold is out of reach for most everybody, because they work 2 jobs each and have 3 kids, and live from paycheck to paycheck with little to no savings at all. I know alot of people, and i know that 95% of them dont have savings, because the economy is already out of control. Privately minted Copper coins are available right now on Ebay At reasonable prices. I will be buying some silver as i can but i am buying more in copper Bullion.
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He does a damn good Warren Buffett impersonation at 16:29.
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Every body can't own silver right. What about the people who don't own silver. We all can't have silver at the same time.
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Interesting video. America does need to back its dollar with gold again.
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To put things in better perspective regarding the Mexican Peso. The last devaluation occurred in 1994 when the peso was at 3,000 to the dollar. They came out with the Nuevo Peso (New Peso) which dropped the thousands. It was then 3 "new" pesos to the dollar. It is now more than 15 to the dollar. I was there at the time of the last devaluation. Mortgages were not fixed and the interest rates rose up to 40%. Homes everywhere were being liquidated for pennies on the dollar.
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LISTENING TO PEOPLE WHO HAVE LIVED A LONG TIME IS THE BEST SOURCE OF WISDOM. THEY'VE SEEN IT ALL BEFORE... THEY DON'T SURMISE, THEY KNOW.
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Greg:
Excellent guest and information.
I can't see a downside to owning silver and gold; it is always there to
"Cash in" if you need to. -
hey, lister... banks don't want the public to use cash. They also charge negative interest rates for money we "store" in their bank, which they will seize if they want to.
Okay, we will not use cash and will use debit cards... but we will charge the banks for every transaction. The fee goes to the card user, not to the bank. If they insist we use a card, we can insist that THEY pay us to do so... otherwise, we use cash. -
this is the best interview i have seen from greg hunter for common folks like myself. it really got good at the 20 minute mark. The cloud and liquidity comment gave me a new perspective. thanks greg hunter..... you are awesome!!
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Uh-oh I think I smell torches. I can hear the axes and pitch forks being sharpened. These technocrats and banksters have put us in an awful peccadillo and I don't think the people will just let this slid like in 1929. Someones are going to pay this time around. These upper crusters have intentionally done this and stolen billions in the process, at the expense of the now nonexistent middle class and the poor. The people won't sit on their hands this time. This shit is unnecessary because there really is no money. It's all Fiat, merely record entries. Just get out your erasers and fix it. The unfortunate rich will not starve, really. Lets cut the bullshit and fix the roads and bridges. Lets build Hospitals lets feed the starving masses lets drill wells for the thirsty. Lets do good works instead of conniving against the people.
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Wrong... Gold and silver will not help much.
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The amounts of debt we speak of are corrected with a few keyboard strokes, if people want to....
But i guess (unless some revolution happens in thinking.), people are happy with being money slaves in a corrupted system. -
i ask myself.......could you eat a number?
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