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…

    • Paul from Indiana

      Jerry, thank you for this link. Greece is using borrowed money to make payments on existing debt. Does this scenario ring a bell? We are coming to our own “pay no attention to that man behind the curtain” moment. Best always. PM

    • Jerry

      More on China’s drive for reserve status. IMF meeting in October. Financial Security Board plans “Post Crisis” agenda with G20 in November. You figure it.
      http://www.futuremoneytrends.com/global-currency

  6. Karen

    Love this guest! No big complex theories, no claims that he knows what is going to happen – just that all in his years he has never seen things so nonsensical and as frightening as they are now! So who knows when it all goes off the rails. Just recognize that it is happening and prepare as best you can. Thank you Greg and Mr. Salinas-Price for your time and effort in helping to warn us all.

    • Greg Hunter

      Karen,
      Thank you for your accurate and pointed appraisal of Mr. Salinas-Price. I am sure he appreciates it.
      Greg

  7. James Hastings

    Good. That was interesting. I believe him. His analysis is correct. And yes, our work ethic has declined and our economic philosophy is ruinous. Our currency is debased. “Your silver has become dross”….inflated, impure…”and he who earns wages earns wages to put them into a bag…..with holes.” All this can be clearly read in an exceptionally old economics book.

  8. Al Hall

    Greg: What a brilliant man . Hugo has seen what the global elite’s have done to the USA. He said what a waste- a disgrace that America has turned so much for the worse. BUT, this was and is the elite’s plan= it’s just give the people football and a beer and their happy, yet so stupid!
    I respect this man a lot and this is first time I’ve heard him speak. He knew when to get out of the USA. Like Jim Rogers- he saw what was coming and knew to get out- have his family start new away from this NOW “fascist government” and the supreme leader-Obama, America’s first gay president/ married to a man!
    Sorry! Can’t believe how the now average American believes all the federal CRAP!
    Lies- just all lies! Men like this are what is needed now here! Not these two bit bought and paid for guys running for 2016- just more crap!
    I was warned some 8-9 years ago to leave the USA by a friend -retired CIA= his statement was “you aren’t going to want to be here when they bring this country down!” I did not have the means to move though I tried. But his statement shows anyone listening- he knew then the plan to collapse the USA!! It’s happening and can happen anytime now! I believe it’s September- what my insiders tell me, and it’s more than financial- SO MUCH MORE!!

  9. libertarian jerry

    Greg…..Great interview. Hugo Salinas-Price is not only an intelligent man but a man of wisdom. His insights into the decline of American Culture is well taken and the blame for that decline,in turn,can be laid at the feet of the Cultural Marxists and their 80 year quest to dumb down the American population. He is wise to talk about preparing for a crashing of the American monetary system. A system that will crash because of conjured out of thin air printing press money backed by conjured out of thin air bonds that will be inflated into worthlessness. A system that supports a welfare/warfare state that in turn supports an army of parasites who have lost the work ethic,self reliance and self responsibility and believe that everything is just fine riding on Uncle Sugar’s government gravy train. The next question to ask is what happens when that gravy train runs off of the rails? Be prepared.

  10. JC Davis

    Hugo is a thinker no doubt.
    I believe there is already a plan excepted by the Oligarchs that run the world. A computerized chip made from nanotubes. Many will suffer, and die before the chipped currency is excepted. In the end it will happen. Three forces will rule the world. A false religion, Red dragon, and Babylon the great. I believe Babylon is headquartered from America. The silver backed money is like many other good ideas that have been filled in file 13. The trash can. Hugo is a man with a dream for a better world. Please have him back Greg. Or even better may be his son.

    • Mason

      Interesting. I’m an agnostic/atheist, but I think that is an interesting quote you mention (from scripture am I correct?). So if I understand correctly:
      Babylon is headquartered in American, the Red Dragon is China and the false religion is Islam?
      That is quite topical I would say.

      • JC Davis

        Mason. It is my opinion that America is the headquarters for Babylon because Babylon has a spirit of greed, pride, and bitterness that the whole world has drink from. When interpreting the scripture of revelations I must stress my opinion is not the scripture. All I know for a certainty is that after I started having faith in the death, and resurrection of Jesus. I no longer feel guilt of my lack of faith in God..

        • Mason

          JC,
          Thank you for your response!

  11. mark

    Hi Greg, thank you for having Hugo on. Seems like I could listen for hours to the wisdom which has accumulated in his 83 years of life experience and am very encouraged that at his age he is so actively influential on the side of good in this world with his enthusiasm for what “motivates a man” i.e. the individual (man or woman) being “silver in the hand” as money– not credits which profit those who control their issuance– a very welcome message which causes us to understand that while we need to prepare we need not be paralyzed with fear of the “lunacy” or absurdity of those who have aligned themselves with the evilly corrupt Nazi facist banking cabal. The grace and peace of our Lord Jesus Christ be richly with your spirit Greg and yours also Mr. Hugo Salinas Price! (2 Tim. 1:7 God has not given us a” spirit of fear but of power and of love and of a sober mind”) amen!

  12. Mark

    Greg,

    Mr. Price talked about monetizing silver coins and I heard recently this has already come to pass with the Mexican Libertad silver coin. I think the Libertad can now be used in transactions parallel to the Peso. Also, the value minted on a coin is symbolic since the spot price is what will determine the value of any coin; silver or gold. If the Treasury would start quoting prices than will this replace the spot values we see all day on television or online? Interesting idea and I hope silver and gold become more mainstream to protect the everyday citizen.
    Another fun and informative interview to enlighten the WD crowd.

    • Galaxy 500

      Wouldn’t this only work if the treasury used “real” values

      • Charles H.

        I wonder if Gresham’s Law would still affect circulation – the more valuable currency being replaced by a lesser, to take out of circulation and be hoarded. A nation would have to insure it’s ‘wealth’ didn’t get beyond the border.

      • Mark

        Yeah, the real values would be based on the physical market instead of the futures market that we have today. If Hugo succeeds than the Treasury would replace the Comex and true price discovery would occur! Great news for those of us who have been stacking for the inevitable collapse.

  13. John

    Could Mr. Salinas be suggesting a silver coin could be the coming special drawing rights currency? Perhaps it’ s worth will be determined by a world central treasury in such a way that the weight of the silver coin is pegged to the value of a basket of currencies/commodities on a daily basis. It is interesting that JP Morgan has acquired about $55 million in silver. Perhaps they see something like this coming and know the value of silver will appreciate immensely if this comes to pass.

  14. Your fan in Japan

    Yahoo! Absolutely Fabulous Interview! Thank you Greg! Thank you Mr Salinas-Price. Silver, gold, and may I add, get some farmland and work it!

  15. Agent P

    Interesting man. He has seen it all – and probably done 90%… Perhaps the most fascinating (and informative) part of the entire interview to me were his brief comments on what has happened to America, observing the changes as he has throughout the decades. His comments on ‘lack of seriousness’ and the way people dress as opposed to days gone by struck me as prophetic. You can deduce an awful lot about a society simply by observing the nature of its people and how they present themselves in public. None more need be said regarding todays Americans.

  16. Gilad Kahn

    I have yet to listen to a speaker who removes their Ego when speaking about the coming ‘Collapse’. I get turned off every time one of them says “I told them and they didn’t listen to me”. Thats Ego talking. I know they are probably right in that they warned people, but how many times does it need to be said? Its like someone saying “In my Honest opinion”… so does that mean every time they don’t say “in my honest opinion” that they are lying? Its like they have to keep justifying their credibility by saying “I said this years ago, but they didn’t listen to me”.

    Aside from that, some of the stuff he is saying appears a bit Narcissistic. I liked the other speakers like Harry Dent, Gregory Mannarino, Craig Roberts, Gerald Celente, etc who have some credibility in that this is what they do year round… however, its always nice to have a different perspective as you can’t always have the same people speaking….

    • Paul from Indiana

      “Honest” is often used as a synonym for “candid”, meaning frank and open. This meaning of “honest” is listed as usage #5 in the 2nd edition of the New World Dictionary (Webster’s) of the American Language (p. 673). No need to play “gotcha” here. Best always. PM

  17. steve

    As soon as we loose actual money and move onto a government based and controlled full electronic currency ,w e are in trouble. This will be a sign of worse tings to come. an individual will have little control over his/her finances.

    • Art Barnes

      That is the sign that tyranny is upon us; all the money under one Government computer, a cashless society. Can you say 666?

      • Paul from Indiana

        Art, leaving 666 out of it for now, the cashless economy/society is necessary prelude to the bail-in coming. The bail-in might come first, anyway, but I have always seen the idea of mandatory electronic currency as the announcement for the bail-in. We are nearly there now. Personally, I use very little cash. Even the parking meters in Louisville, KY accept cards! I expect society to become as Cuba, with people becoming accomplished at dodging the government. Very sad to realize we let this happen. Electing Obama twice was more a symptom of our problem rather than the problem, though he hasn’t helped. People have already made the mental switch from liberty to dependence. Best always. PM

        • Charles H.

          Bingo!

  18. James

    Wow, this is a man i can listen to ….straight forward, soft spoken, yet determined that he has seen the errors of the world. I will have my wife listen to this interview. She already agrees with me that the world has gone to ShiT …but this man says it in a voice that reminds me of the American philosopher Will Durant.
    Cheers Greg….Fear not.

  19. ulrich sherry

    Wow, what a great guest Greg. Well done getting him on the show. He paints a picture in Primary colors!

    • Greg Hunter

      Ulrich,
      Yes, clear and concise without gray.
      Greg

  20. Rock

    Greg,
    Great interview. Very interesting guest, with some different perspectives. You did a marvelous job of asking probing questions, as usual.
    Thank you my brother for your work and providing this forum to share with like minded people.