the poor man's gold. This article reflects that ignorance we are all kept in, by
the world’s financial elites and the politicians they control if want to get elected
and positions of power for the elites.
The ignorance we are kept in applies to the indigenous in Guatemala, who are
made to believe it is more important to stop economic projects that damage the
environment and to create a wildlife preserve of themselves, nation and world.
Instead of acquiring silver as a retirement plan and safehaven plan in the
event of a world financial disaster that will be decades in the negative consequences
of it. Like was decades in creating that crash and negative consequences that
can't be bailed in or out, this time, to a quick recovery out of it.
There is no double dipping into huge money printing this time. It's reached its
saturation point. The world is broke and not producing enough income to pay
for the last humongous money printing run.
From
'Big Trouble For The Silver Market If Mexico Monetizes Its Silver
Libertad Coin (bad in the sense of silver's price can't stay low for
those who want to use it for all sorts of economic purposes. Silver
holders of silver coins and stocks will love silver going higher)'
By SRSrocco, September 17, 2017
https://www.silver-phoenix500.com/article/big-trouble-silver-market-if-mexico-monetizes-its-silver-libertad-coin "As we can see, the Mint of Mexico produced 800,000 oz of Silver Libertads
versus 40.3 Moz of Silver Eagles fabricated by the U.S. Mint last year. The irony
about those two figures is that the U.S. had to import silver to produce the 40.3
Moz of Silver Eagles as its domestic mine supply was only 35 Moz. On the
other hand, Mexico produced 186 Moz of silver in 2016, more than five times
that of the United States.
Something is seriously wrong here. Why is Mexico exporting all of its silver
for worthless fiat money if its citizens could acquire domestically minted Silver
Libertads to protect their wealth in the future?
I would imagine the U.S. government has something to do with controlling
Mexican officials in keeping their citizens entirely in the dark about silver as
MONEY and a STORE OF VALUE.
If the proposal to monetize the Silver Libertad gains traction in Mexico, the
silver market (those who want to keep silver cheap on the buy) would be in
serious trouble. Here’s why. Currently, Mexico produces about 186 Moz of
silver."
“If the Silver Libertad was monetized and 30% of Mexico’s silver production
was used to produce these coins, as it was in 1943, it would consume nearly
56 Moz of the country’s domestic mine supply. Moreover, with a population
of 130 million in Mexico, 56 Moz of Silver Libertads would amount to less than
a third of an ounce of silver for each citizen.
While it is an excellent idea that the Silver Libertad is monetized as protection
for Mexican citizens against the ongoing devaluation of the Peso, it will be an
uphill battle in (Mexican) state politics.”
“Unfortunately, the world depends on a lot of (cheap) silver coming from Mexican
mines to supply the global jewelry, electronics and investment industries. If
its citizens consumed a significant portion of Mexico’s silver production in
acquiring vast numbers of Silver Libertads, it could severely impact the (cheap)
silver market and price.”
“It will be interesting to see how far this proposal to monetize the Silver Libertad goes in the Mexican government.”
Me- Who wants to keep the indigenous ignorant of what they really should
want from THO’s mine and keeping it open - ie silver! Instead they are
dumb down and used in ignorance, by CALAS, UN and bought off
or threaten politicians and courts, on behalf of the US’s pressuring. A
legal arm of the UN is in Guatemala threatening the president of
Quatemala with dire legal consequences as claimed arm of Guatemala’s
corrupt elites.
What pressure is being applied to THO that’s it’s not resuming its mining operations
promptly? Assuming that’s the case.
Then perhaps a US mining company is allowed to take over THO’s mine, and this
time convincing the indigenous to vote for it, if still kept in ignorance of the coming
importance of silver and to accumulate it.
All in my opinions and guesstimates.