Hugo Salinas-Price to keynote Silver Summit conference

Silver Summit Press Release
Thursday, July 30, 2009

http://thesilversummit.com/news/hugo-salinas-price-will-keynote-the-silv...

Hugo Salinas-Price, author and father of the movement to restore silver as money, will keynote The Silver Summit 2009 conference Sept. 24-25 in Spokane, Washington, at the historic Davenport Hotel.

Salinas-Price, who hails from Mexico City, Mexico, has crusaded for the remonetization of silver since he wrote his first book, "Silver: the Road for Mexico," after the 1995 devaluation of the Mexican peso.

Since then he has worked to popularize his objective to institute a silver coin in permanent circulation in parallel and complementary to the fiat peso.

Born in 1932, Mr. Salinas-Price became general manager of Elektra, a small, struggling radio manufacturer founded by his father. He remained in that post for 35 years and is now honorary president of Grupo Elektra, an important Mexican retailing enterprise from which his family's interests have spread into television broadcasting and banking. Besides his business activity he has since youth been interested in monetary matters.

Over the years he has published many articles in Mexican newspapers in which he pointed out the bad consequences of economic policy based on paper money and excessive government spending. In 1997 he founded the Mexican Civic Association for Silver, of which he is president. In 2002 he published "More Regarding Silver" and in 2003 "Silver and the Wreck of Paper Money," both published by Editorial Diana.

His most recent work is "How to Put the Silver Coin in Circulation," published in 2008 by Abacar Ediciones.

Salinas-Price writes articles for his association's Internet site, www.plata.com.mx. and some of his articles on monetary affairs appear in in English on Internet sites such as Oroyfinanzas.com, Gold-Eagle.com, FinancialSense.com, LeMetropoleCafe.com, and others. His project regarding the monetization of the silver ounce served as the basis for the elaboration of a legislative bill that has widespread support from all major political parties in Mexico and awaits the vote of the Mexican Congress.

While unable to travel to the United States, Salinas-Price views The Silver Summit as a "worthy endeavour."

"I have arranged to appear at The Silver Summit via satellite link-up," he says, "so that we may meet, one on one, even if it is over the airwaves. We will discuss silver as money. I will tell you of my efforts to return Mexico to honest money, based on silver, and I will be delighted to take your questions. I appreciate your interest in my work."

Silver Summit Director Shauna Hillman says, "Participation in The Silver Summit by Mr. Salinas-Price is the highest honor we could be paid. Any one who has witnessed his efforts to restore Mexico's sovereignty with the very metal that made her great cannot help but be touched, inspired, and motivated to join his efforts."

Information on The Silver Summit 2009 may be obtained at the conference's Internet site --

http://thesilversummit.com

-- or by telephoning the conference office at 208-556-1621.

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