Here is a look at multi-billionaire Hugo Salinas Price and $100+ silver.
May 11 (King World News) – Multi-Billionaire Hugo Salinas Price: The Central Banks of the World – Russia and China both perhaps excepted – are all members of an International Club of Central Banks. This Club is run according to the rules dictated by the BIS, the Bank for International Settlements, located in Basel, Switzerland.
Events that took place years’ ago, resulted in the conversion of all currencies administered by the Banks under the sway of the BIS, into fiat currencies; that is to say, currencies which have no support or connection with the precious metals, silver or gold…
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All things human are subject to change, except human nature itself. The current financial institutions of the present have fallen into a condition which is at odds with human nature – they function with the exclusive use of fiat money. In the nature of things, the condition of the financial institutions of our time will doubtless be subject to radical change.
In the nature of things – rerum natura – when world disorder, i.e. War -undermines the sway of the BIS, some country or countries will necessarily revert to real money of gold or silver, once again, in order to maintain peace and economic co-operation among the elements of their populations.
In the coming world monetary disorder, the institution of national Central Banks will have become irrelevant.
The present in which we live, will be seen, in the future, as a Dark Age.
King World News note: Earlier this year, Peter Brandt released the following chart of silver showing a massive cup & handle with a price target, according to Brandt, of $102 (see below).
Silver Cup & Handle Targets $102
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