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<p>[QUOTE="desertgem, post: 2020639, member: 15199"]That was widely reported back in 2011 when the effects of QE were suspect, but since, it seems to just be a few headed by Salinas, a mexican billionaire who can't be said to worry much about anyone other than his business partners. Then he was hoping the USD wasn't the reserve currency and silver could be manipulated more under the BRIC proposals. As long as PM are traded on USD basis, it make no sense for any reasonable 'nation' to use a PM basis.IMO.</p><p><br /></p><p><a href="https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=1&cad=rja&uact=8&ved=0CCAQFjAA&url=https%3A%2F%2Fwww.dollarvigilante.com%2Fblog%2F2014%2F7%2F24%2Frumors-of-mexico-backing-peso-with-silver-false-you-might-no.html&ei=B2BmVL7EKImyogT87IBo&usg=AFQjCNEXx3bOXEMVU7PSYBKN_KJRpvZjxg&bvm=bv.79400599,d.cGU" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=1&cad=rja&uact=8&ved=0CCAQFjAA&url=https%3A%2F%2Fwww.dollarvigilante.com%2Fblog%2F2014%2F7%2F24%2Frumors-of-mexico-backing-peso-with-silver-false-you-might-no.html&ei=B2BmVL7EKImyogT87IBo&usg=AFQjCNEXx3bOXEMVU7PSYBKN_KJRpvZjxg&bvm=bv.79400599,d.cGU" rel="nofollow">https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=1&cad=rja&uact=8&ved=0CCAQFjAA&url=https://www.dollarvigilante.com/blog/2014/7/24/rumors-of-mexico-backing-peso-with-silver-false-you-might-no.html&ei=B2BmVL7EKImyogT87IBo&usg=AFQjCNEXx3bOXEMVU7PSYBKN_KJRpvZjxg&bvm=bv.79400599,d.cGU</a></p><p><br /></p><p>Didn't the romans work for salt? <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="desertgem, post: 2020639, member: 15199"]That was widely reported back in 2011 when the effects of QE were suspect, but since, it seems to just be a few headed by Salinas, a mexican billionaire who can't be said to worry much about anyone other than his business partners. Then he was hoping the USD wasn't the reserve currency and silver could be manipulated more under the BRIC proposals. As long as PM are traded on USD basis, it make no sense for any reasonable 'nation' to use a PM basis.IMO. [url]https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=1&cad=rja&uact=8&ved=0CCAQFjAA&url=https%3A%2F%2Fwww.dollarvigilante.com%2Fblog%2F2014%2F7%2F24%2Frumors-of-mexico-backing-peso-with-silver-false-you-might-no.html&ei=B2BmVL7EKImyogT87IBo&usg=AFQjCNEXx3bOXEMVU7PSYBKN_KJRpvZjxg&bvm=bv.79400599,d.cGU[/url] Didn't the romans work for salt? :)[/QUOTE]
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