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Hugo Salinas Price: Dorothy's silver slippers

Section: Daily Dispatches

2:50p ET Wednesday, April 23, 2008

Dear Friend of GATA and Gold:

Hugo Salinas Price, president of the Mexican Civic Association for Silver and the world's foremost advocate of restoring silver's role as a circulating currency, addressed GATA's recent conference in Washington by video. His address, "Dorothy's Silver Slippers," detailed his proposal for the issuance of a circulating silver ounce coin for Mexico -- a coin that, not being imprinted with any particular peso value, would never be at risk of withdrawal from circulation because its melt value had come to exceed its face value.

Salinas Price's address to the GATA conference is 23 minutes long and you can find it in three parts at YouTube here:

http://www.youtube.com/watch?v=k7DHz6O1xPo

http://www.youtube.com/watch?v=mb_6pruXOU0

http://www.youtube.com/watch?v=PBw56tE-0gw

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.

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