My friend, Hugo Salinas Price is on a mission to get Mexico to adopt a silver coin as legal currency. It's a mission I endorse 100%. His plea to the government in Mexico was written in Spanish but I asked Hugo for a translation.
AT&T Inc. (NYSE:T) plans to acquire Mexico’s third largest wireless carrier Grupo Iusacell SA for $2.5 billion, to benefit from the lucrative Latin American market. Mexico is Latin America’s second largest economy and has one of the highest GDP per capita.
By Simit Patel:Billionaire and hard money advocate Hugo Salinas-Price was recently on the Keiser Report advocating Greece to return to a silver standard, laying forth a five step plan for how this could be accomplished. Here is the video clip; fast forward to 13 minute mark to get to the discussion about returning to the silver standard.Here are the basic points Salinas-Price makes:
MEXICO CITY (Reuters) - Top Mexican broadcaster Televisa's joint mobile telephone venture with Grupo Salinas will require $800 million in investments in the coming three years, Televisa's executive vice president said on Thursday. Iusacell could either issue debt or Televisa and Grupo Salinas could split the investment evenly, executive vice president Alfonso de Angoitia said on a conference call with investors. "We estimate Iusacell will have additional capital needs of approximately 800 million dollars in total within the next 3 years. ...
By Patrick Durusau, who consults on semantic integration and edits standards. Durusau is convener of JTC 1 SC 34/WG 3, co-editor of 13250-1 and 13250-5 (Topic Maps Introduction and Reference Model, respectively), and editor of the OpenDocument Format (ODF) standard at OASIS and ISO (ISO/IEC 26300). Originally published at