|The Golden Thread
|Mexico Looks To Back Peso With Silver
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|Author:||simple simon [ Mon Jul 14, 2014 3:50 pm ]|
|Post subject:||Mexico Looks To Back Peso With Silver|
Mexico Looks To Back Peso With Silver: “Would Unleash a Global Power Shift”
For many Americans the country of Mexico conjures up images of a third world nation. The poverty, lack of basic services, and extreme violence has left the populace so desperate that thousands of people on a daily basis head to the United States for a better life.
But according to Future Money Trends, all that could change in the near future as key Mexican financial leaders and politicians have been working to institute sweeping monetary change that, if implemented, could unleash a global power shift of epic proportions.
Coupled with a continued silver supply crunch and deteriorating conditions for fiat currencies around the globe, a new silver-backed currency in Mexico or any other country could be a boon for precious metals.
The real question is, will Western central bankers allow such a move to happen? We know what happened in Libya and Iraq when their leaders tried a similar strategy that would have freed them from their dependence on U.S. dollars. They ended up under a no-fly zone that carpeted their countries with millions of pounds of ordnance.
But with Mexico working closely with China on economic matters and numerous super powers vying for control of the global economy and geo-political landscape, new systems of trade are sure to emerge. Those who catch the trends early and invest appropriately in hard assets could see their personal wealth increase significantly during the financial, economic and monetary upheaval to come.
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