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Hugo Salinas Price: How the dollar will die
9:20p ET Wednesday, September 3, 2014
Dear Friend of GATA and Gold:
The U.S. dollar -- and, presumably, all government-issued currencies, which are derivatives of the dollar, the dollar being the world reserve currency -- will die, Hugo Salinas Price writes this week, when the gold futures market fails, when gold goes into "permanent backwardation," when gold for delivery now always costs more than gold for delivery in the future. Salinas Price's observation indicates that futures markets are the mechanism of gold price suppression. As the saying goes, "The futures markets aren't manipulated. The futures markets are the manipulation." Salinas Price, president the Mexican Civic Association for Silver, has headlined his commentary "How the Dollar Will Die" and it's posted at the association's Internet site, Plata.com, here:
http://www.plata.com.mx/mplata/articulos/articlesFilt.asp?fiidarticulo=246
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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