Apocalypse and Enormous Disorder Coming-Hugo Salinas-Price

5By Greg Hunter’s USAWatchdog.com  (Early Sunday Release)

Mexican retail mogul Hugo Salinas-Price is worried about the common man and the upcoming currency calamity that is approaching the globe.  Salinas-Price says, “It certainly isn’t getting better when you have some intellectuals going so crazy as to say they want to ban cash.  We can’t go too much further along this road.  This is utter madness.  We’re not supposed to use cash anymore?  Salinas Price goes on to say, “If we have these lunatics running things, it can’t get any better.  We have people running things that have forgotten about what motivates the common man. . . . I want people to have silver because it is going to protect them.”

Why does the common man need the protection of precious metals?  Salinas-Price says, “I just read today the global debt is $200 trillion, and it’s grown from the last crisis in 2008.  Something has to happen to take care of that debt.  Either it’s going to be repudiated or it’s going to be inflated away, or it’s going to be paid with taxation. . . . We are headed over Niagara Falls.”

Salinas-Price, 83 years old and a billionaire, warns currencies can suffer huge inflation risks.  Since the mid 1970’s, Salinas-Price points out the peso exchange rate has plunged compared to the U.S. dollar.  Salinas-Price says, “From 1976 to date, from 12.50 pesos (to $1 US) we are now at 15,100 pesos (to $1 US) and going further down.  Savings can become worthless, and that’s what I tell people.  Don’t save money that is going to devalue.  This inflation that is going on that is presently debt that is like a cloud that is up there.  When it begins to liquidate, it’s going to be pouring down.  People will be rushing around trying to buy things.  The money is going to be worthless because in a liquidation, what can you buy with all this water (fiat money) that is coming down.  As long as it is up there in credit, it’s okay.  It’s up there in the cloud, but if it begins to liquidate, watch out.”

So, is Salinas-Price predicting the same huge devaluation for the U.S. dollar as what has happened to the Mexican peso?  Salinas-Price contends, “Same cause, same effect.  It is absolutely unavoidable.  That’s why I have been urging people to have silver and gold.”

Salinas-Price is trying to implement an idea involving silver coins that just might save the common man.  Salinas-Price goes on to explain, “It is a silver coin that is given a monetary value by a quote and not by stamping the number on the coin. . . . It would receive a quote from the Treasury (not a central bank).  Don’t give it to the Fed, give it to the Treasury.  Then you are saving in silver money which makes it 10 times or 100 times more attractive.  When this takes place–boom, it’s going to change the whole thing.  It’s going to shake up the world.”

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.”

Join Greg Hunter as he goes One-on-One with retail mogul Hugo Salinas-Price.

(There is much more in the video interview.)

After the interview: Hugo Salinas-Price has 18 grandchildren and one of his sons if running the company he started.  Salinas-Price also has a free website that contains information and articles in both Spanish and some English.  Click here for Plata.com.mx.     Here are articles in English from Plata.com.mx.

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Comments
  1. Snorky

    Great interview. Thnx, Greg. Let’s see: negative interest rates, ban the use of cash. The long descent into total tyranny.

    • West Tejas

      100% only Digital Cash is a great idea if you are a power hungry psychopath that wants to data mine everyone’s life to know where every last $0.01 was spent. It ranks right up there as Stalin and Mao’s dream finally realized.

  2. red

    Best interview yet Greg. What a beautiful Man. Wish I new
    this gentleman. Thanks Greg

    • Markp

      Hear, Hear, Red. You beat me to it. What a gem of an interview with an absolute gentleman. His good-natured demeanour coupled with his vast experience makes for enlightening listening. For those in the camp, encouraging; for those still on the Kool-Aid, perhaps it’s time to think about it seriously.

      Thanks Greg for an excellent piece of reporting. USAWatchdog is like a great bottle of wine – it gets better with time.

  3. Tom

    Hugo seems as dumbfounded as any of us about the direction in which we are headed.

    I applaud and admire his silver quest. We are rapidly approaching a new crossroads. All around the world nations will begin the return to sound money, most in response to the collapse of fiat, but others like Panama, Mexico and a European Nordic gold coin are all in the works right now.

    after all, real money used to conduct real commerce is a necessity as well as the property of the people who sustain it.

    • M. Monroe

      “Hugo seems as dumbfounded as any of us about the direction in which we are headed.”

      As related to by Tom from his post above.

      So what is our greatest need and direction? Nothing has any value without one primary ingredient—life. Without life, we do not exist. King Solomon of ancient Israel wrote: “As for the dead, they are conscious of nothing at all . . . There is no work nor devising nor knowledge nor wisdom in Sheol [mankind’s common grave].” (Ecclesiastes 9:5, 10) If death overtakes us, we are forced to relinquish everything we possess. Our greatest need, then, is to procure something that will preserve our lives. What will do that?

      The apostle Paul admonished Timothy: “Give orders to those who are rich in the present system of things not to be high-minded, and to rest their hope, not on uncertain riches, but on God.” (1 Timothy 6:17) All the money in the world cannot buy life for us.

      Consider a man named Hitoshi. Having been brought up poor, Hitoshi had a strong desire to be rich. He believed so much in the power of money that he thought even humans could be bought with it. Then a man came to Hitoshi’s door and asked him if he knew that Jesus Christ had died for him. This question made Hitoshi curious because he felt that no one would die for a person like him. He attended a public Bible talk and was shocked to hear the admonition to ‘keep the eye simple.’ The speaker explained that a “simple” eye is one that is farsighted and focused on spiritual things. (Luke 11:34) Rather than toiling for money, Hitoshi began to put spiritual values first in his life.

      Don’t get me wrong Material possessions can bring us a measure of stability and security. Having an abundance can relieve us of anxiety about our daily and future needs. A nice Bunker in a safe and secure neighborhood may give us a feeling of security and accomplishment. A gassed and ever ready Humvee along with the five G’s, God, Gold, Gun, Garden and Getaway plan!

      Yes it is a blessing to ‘see good for all our hard work.’ (Ecclesiastes 3:13) And having a surplus may enable our loved ones to ‘take their ease, eat, drink, and feel secure enough to even enjoy themselves.’ However, material things have only fleeting value. In a warning against covetousness, Jesus Christ said: “Even when a person has an abundance his life does not result from the things he possesses.” (Luke 12:15-21) Possessions, regardless of the amount or value, cannot provide real security and guarantee us life.

      Liz, for example, was married to a financially secure and successful man. She relates: “We had a beautiful home and two cars, and our financial situation allowed us freedom to enjoy anything the world had to offer in the way of material things . . . Oddly enough, I still worried about money.” She explains: “We had so much to lose. It seems that the more you have, the less secure you feel.” Just the opposite of what Hugo mentioned! Hugo said the poor have more to worry about because with inflation they’ll lose everything and the rich maybe half? Yet what were facing is the ultimate battle in the history of anything and everything, betwixt good and evil!

      http://www.nadadventist.org/article/1073742609/about-our-church/what-we-believe/8-there-is-an-ongoing-battle-between-good-and-evil

      So What Has the Greatest Value?

      Since nothing has any meaning or value without life, what can we acquire that will guarantee that we keep living? All life originates with Jehovah God. (Psalm 36:9) Indeed, “by him we have life and move and exist.” (Acts 17:28) He bestows everlasting life as a gift on those he loves. (Romans 6:23) What must we do to qualify for this gift?

      Receiving the gift of everlasting life depends on our having a close relationship with God. His favor, therefore, has greater value than anything else we could possibly possess. When we have it, we have the prospect of genuine and everlasting happiness. Without God’s favor, however, we face extinction. Clearly, then, anything that will help us to achieve a good relationship with him is of immense value and our success depends on our gaining knowledge. The source of accurate knowledge is in God’s Word, the Bible. It alone tells us what we must do to please God. We therefore need to study the Scriptures carefully. A diligent effort to learn all we can about God results in ‘knowledge that means everlasting life.’ (John 17:3) Such knowledge is a treasure to be cherished!—Proverbs 2:1-5.

      The knowledge we gain from God’s Word equips us to take the next step—exercising faith in Jesus Christ. Our heavenly father God has decreed that all who come to him must do so through Jesus. (John 14:6) Actually, “there is no salvation in anyone else.” (Acts 4:12) Our ultimate survival depends, not on ‘silver or gold . . . , but on the precious blood of Christ.’ (1 Peter 1:18, 19) We must demonstrate our faith by believing Jesus’ teachings and following his example. (Hebrews 12:1-3; 1 Peter 2:21) And how valuable his sacrifice is! The application of its benefits determines the everlasting future of all mankind. When it is fully applied in our behalf, we are given the truly valuable gift of everlasting life.—John 3:16.

      Jesus said: “You must love your God with your whole heart and with your whole soul and with your whole mind.” (Matthew 22:37) Loving God means that “we observe his commandments.” (1 John 5:3) His commandments require that we keep separate from the wicked world, maintain upright conduct, and loyally support his Kingdom. That is the way we “choose life” instead of death. (Deuteronomy 30:19) If we ‘draw close to God, he will draw close to us.’—James 4:8.

      An assurance of God’s favor is worth far more than all the world’s treasures. Those who have it are the wealthiest people on earth! May we, then, strive to acquire the treasure of real value—God’s approval. By all means, let us take to heart the apostle Paul’s admonition: “Pursue righteousness, godly devotion, faith, love, endurance, mildness of temper. Fight the fine fight of the faith, get a firm hold on the everlasting life.”—1 Timothy 6:11, 12.
      New Living Translation;
      Seek the LORD, all who are humble, and follow his commands. Seek to do what is right and to live humbly. Perhaps even yet the LORD will protect you–protect you from his anger on that day of destruction. _______ ◄ Zephaniah 2:3 ►http://biblehub.com/zephaniah/2-3.htm

      The inspired words of the apostle Peter are also encouraging. He wrote: “[God] kept Noah, a preacher of righteousness, safe with seven others when he brought a deluge upon a world of ungodly people; and by reducing the cities Sodom and Gomorrah to ashes he condemned them, . . . and he delivered righteous Lot . . . God knows how to deliver people of godly devotion out of trial, but to reserve unrighteous people for the day of judgment to be cut off.” (2 Peter 2:5-9) Though Jehovah brought destruction on the wicked in times past, he preserved alive both Noah and Lot, who served him faithfully. God thru Christ Jesus will also deliver people of godly devotion when he brings destruction on the wicked at Armageddon. “A great crowd” of righteous ones will survive.—Revelation 7:9, 14.

      • Jerry

        Amen!

      • woody188

        Today’s wealthy believe in the next decade that science and technology will allow them to extend their lives into thousands of years.

  4. Galaxy 500

    Nice start to the week, Greg

    • Greg Hunter

      Thank you 500!
      Greg

        • Greg Hunter

          500,
          I was raised Catholic but no longer ((Still Christian though). I got to say this Pope is very dangerous. Thanks for the link.
          Greg

          • Mark Lahr

            Greg, I have visited your site many times. I see nothing in what this Pope does that contradicts the teaching of Jesus – sorry Greg – you lost me with your worship of billionaires and gold and the disdain for God. No need to publish my comments – intended for you only!

            • Greg Hunter

              Mark Lahr,
              You have to be kidding me. On Gay marriage the Pope said that “God is not afraid of new things.” Really??? God the Father who said “Let their be light” and invented ALL “new things” needs a lesson from the Pope? http://www.usatoday.com/story/news/world/2014/10/19/pope-francis-synod/17551189/ How about the Pope saying everybody can go to heaven if they “do good . . . Even the atheists. Everyone!”. If I have to explain to you why this is false teaching, you are not a Christian. There is ONLT ONE WAY to get to heaven and it is through Jesus Christ–period. There is no gray area in the Bible on this point. Even an idiot like me knows this. While you are cracking your Bible, you may want to read the very last paragraph. Hint: it talks about not adding or taking away for the word of God.
              Greg

              • Kerry

                Please pray for the Pope. He has a great responsibility to teach and preach the Gospel in truth. Unfortunately, he is only a man and can make bad decisions and say stupid things. Pray for him that he will receive the graces he needs to preach the truth as written in the Gospel. “No one comes to the Father except through Me.” If I say something stupid for the most part it hurts only me, but when he says something wrong or incorrect, or makes a bad decision, as head of a vast organization like the Catholic Church, it can be taken as “gospel”. It is certainly a mystery as to why God chose to have mere men teach and preach His Word. Considering the amount of evil in the world, it is remarkable we have done any good at all. (All with the power of God’s grace.) Keep up the good work, Greg, and keep the faith. Those who persevere unto the end will be rewarded. I will pray for you and your readers; please pray for me. I fear the Evil that is about to be released on the world. “Fasten your seatbelts; it’s going to be a bumpy night.”

              • Jerry

                Greg, do remember I posted to you a few weeks ago that I was receiving messages that help was on the way? It appears I was not the only one.
                https://youtu.be/esRv5a5PqRg

                • Felicia

                  Jerry, all these celestial sounds are amazing & beautiful. I have listened to many vids of them. I believe we are hearing them because the veil between dimensions has thinned greatly. Likewise the battles taking place in other dimensions between good and evil forces is also spilling over into our dimension. Which is what Senor Salinas-Price was refering to about the huge decline in U.S. citizens character.

                  • Jerry

                    Felicia.
                    I totally agree. A few weeks ago I received a message from my deceased mother (who was a music teacher). My Sirus connection in my car went completely dead. The next thing I heard was the musical tune, first verse of ” When the Saints Coming Marching In” played three times. This happened several times. Yep. Something is definitely going on. Incidentally that was my mothers favorite song.

            • Silence is Golden

              The RCC is nothing more that a Babylonian Cult. Who puts the Pope ahead of Jesus ?

              • Kerry

                No Catholic puts the Pope ahead of Jesus-if they are taught correctly. Unfortunately, many Catholics are NOT taught Catholic belief correctly-thus the confusion. The Pope is just a man. The Pope is Christ’s representative on earth-much like your elected congressman, but with much more responsibility and more graces from God (we hope!). There have been monumentally bad popes just as there are very bad police or congressman, corrupt, exceptionally sinful. But we still must pray for them. You should not judge all the popes by the bad ones, just as you should not judge all cops by the bad cops. There have been some very good, heroic cops, just like there have been some very good and saintly popes. They are in positions of authority and as such must answer to God in a special way. I am a sinner but the good thing is I am not in a position of authority or much influence. Mere men were given positions of authority and if they are good men, they can do great good. Unfortunately, if they are bad men they can likewise do great evil. The Pope is NOT God, and people should remember that. Although he has a great position of authority, and as such will be judged more harshly for his mistakes and bad decisions. I would not want to have his responsibility to lead billions of people! It is hard enough just to keep myself from sinning!

                • Silence is Golden

                  The Pope is raised to the highest pedestal and is proclaimed head of the Church. This is a false religion. A man should never be the one to replace Jesus Christ as head of the Church. Popes are messengers …nothing more and yet the practices of the RCC lead us to believe they are more than mortal….good , bad or indifferent.

                  • Greg Hunter

                    SIG,
                    The Pope and Catholic doctrine are not the same. Popes come and go the Catholic Doctrine has lasted longer than any other in recorded history. I was raised Catholic and I was never taught that the Pope superseded Christ–Never. My beef is with the Pope not the Catholics or it’s doctrine. Not picking a fight, just clarifying my prior comment.
                    Greg

                  • Silence is Golden

                    Greg,
                    I’m not picking a fight either but Orthodoxy has continued in its original form unlike the New Age Roman Catholocism. The latter I have said before has devolved into a Pagan Cult and derives from the same Race that created Banking. They have infected the globe with their religion and money curse …all of which are derived from the Talmud. That is their “Bible”. Im not preaching here …just providing some clarity. The Pope is proclaimed “Head of the Church” I never said he was higher than Jesus….although being head of the church infers his status. No-one is taught ….you are forced to accept. Subtle difference.

                    Being head of the Church brings with it authority ….and because of this, it cannot be separated from that which he purports to be his beliefs vs those of the Church.

                  • Greg Hunter

                    SIG,
                    We will have to agree to disagree on this one.
                    Greg

          • Al Hall

            Greg: this is why you and other need to study Jordan Maxwell’s 50+ years of work. He covers the Vatican and many other topics!
            You should have him on!

            al

            • Kerry

              I suggest we pray for each other, and not try to drag each other down. (I am not trying to be holier than thou, here, I am just hoping to slow down the tide of evil a little). Obama and our other elected representatives need our prayers more than ever. Bad people in positions of authority can do great evil. Fortunately, we have a loving and merciful God who can overlook our stupid decisions. It is a mystery as to why God thinks we are worth saving-so much so that he sent His only Son to save us. The decline of the moral character of the U.S. and the world is directly related to the evil that has been unleased on the world. Pray for those in positions of authority-they will be held to higher standards, and be judged more harshly, even more than you and me. (Believe me, I am not exempt-guilty of judging others, too, so I need to pray for others as well. Too many times I have cursed the radio or TV when I hear the stupid &*%$&* that comes out of Washington.)

  5. Tim

    Wow, Greg, I’m very impressed that you got Salinas-Price on. And I like what he had to say about precious metals.

    • Chip

      Tim, i agree, great man. But i’m stuck on this 15,100 peso’s to the dollar thing. Bloomberg has it at 15.07. I would like some explanation of the 15,100 claim. Thanks Greg… Chip

      • Chip

        Oh, here’s the link to the Bloomberg Peso quote/chart…

        http://www.bloomberg.com/quote/USDMXN:CUR

      • Chip

        Here you go Greg, i answered my own question. The peso was revalued in 95ish …

        Throughout 20th century, the Mexican peso continued to be a safe and stable currency until the oil crisis of 1970s which caused the increase in foreign loans to Mexico. It continued to worsen until finally the Mexican government defaulted on the payment of its international loans. It started a long downward spiral that was a result of investors taking their money out of Mexico. This trend continued unabated until the early 1990s when the government made some fundamental changes in the monetary policies. One of the first of these changes was to reevaluate the value of the Mexican peso. They changed the value of 1000 pesos to one peso. They called this Nuevo peso. It literally translates as new peso. In addition, the government changed the ISO code from MXP to MXN.

        http://www.currencyinformation.org/world-currency-information/mexican-peso/history-of-the-mexican-peso

        Chip

        • Galaxy 500

          It was 93. See you caught it yourself. Several websites claim to show the difference in exchanges rate from 72 to present with a rate of 8.72 to 15 or so change during forty plus years.

      • Galaxy 500

        Chip, he’s right, you’re wrong because in 93, they devalued the paper by a thousand. 1,000 old pesos equal one new pesos. When I was there in 86, currency black market was so rampant, you could buy it from the Customs official stamping my entry at nearly triple what the banks gave…and I did buy. The couple behind me declined and he was still going through their suitcases as my taxi pulled out twenty minutes later.

        • Chip

          G500, yeah that’s what had me baffled. The charts i saw showed a 8 to 15 range with no explanation of the 93 revaluation. I had the same experience you had only in east germany in the late 80’s when the official exchange rate of east and west german marks was one to one. On the black market you could get five to ten east german marks for one west german mark…