Hugo Salinas Price

Hugo Salinas Price is a Mexican citizen, born in the USA of an American mother and a Mexican father. He is 81 years of age. Married for 58 years to a Mexican wife; they have 18 grandchildren. He dropped out of three universities: Wharton, Monterrey Tec (Mexico) and National Autonomous University of Mexico.  Hugo started out in business life in 1952 as a General Manager of a tiny company manufacturing radios in Mexico City. He was 20 years old at the time and soon learned about the importance of having funds to meet the pay-roll every Friday. The company was owned by his father, and gradually turned into a manufacturing company with its own retailing branch, selling all sorts of consumer goods, including its own TVs.  His website is www.plata.com.mx.

Articles by Hugo Salinas Price

Some people think that one of the fundamental institutions of the 19th century should be restored; we single out Great Britain as the great leader embracing this institution.
We have been proposing the monetization of a silver coin in Mexico since 2001. According to our proposal a one-ounce coin of pure silver, with no engraved value, would be given a monetary value by the Mexican Central Bank. This coin would...
We have been proposing the monetization of a silver coin in Mexico since 2001. According to our proposal a one-ounce coin of pure silver, with no engraved value, would be given a monetary value by the Mexican Central Bank. This coin would...
Banco Azteca, which has about 1,000 branches throughout Mexico, is about to launch a new service for those who like to save silver. It is the first bank in Mexico to offer this service; other banks are expected to follow suit, sooner or...
  With regard to silver coinage, Mexico has followed the model established by the Roman Empire 2,000 years ago.
Mexico's Central Bank, the Banco de Mexico, has ample reserves of some $50 billion U.S. dollars. Indeed, President Vicente Fox of Mexico declared some months ago, that "we really don't know what to do with them, they are so large." Using a...
It seems that there are two different possible types of dollar devaluation. One is a coordinated devaluation, where the big players all agree on a new dollar value in terms of their own currencies. This new value would be hammered out...
Let’s think about economic life around the world, as it was one hundred years ago – a very short time ago, in historical terms.
So, the Argentinean economy has collapsed and social and financial chaos reigns. We shall read a great deal about it, but you can be sure very few analysts, if any, will mention the actual and fundamental cause of this disaster. To do so...
It is estimated that the total amount of gold mined up to the end of 2011 is approximately 166,000 tonnes.