This was written by Jeff Nielson a couple of weeks ago.  It speaks to the monetization of silver.  Key to increasing currency value for the common person, and helping countries that are rich in silver resources.

For well over a year, we have been forced to listen to “economic experts”, media talking-heads, and government “leaders” yammering on and on about “currency wars” or “trade wars” – and all because people who know nothing about economics are wailing about how the value of their money isn’t falling fast enough.

In this insane world, serial inflationists like “Helicopter” Ben Bernanke are deemed to be the “winners”, since they are destroying their national currency the fastest. For those who are sickened by continuing to listen to their own governments lament about not destroying our wealth fast enough, let me recommend “taking a vacation” – in the real world.

In the “real world”, people don’t want their money to be worth less and less and less (and eventually nothing), they want it to be worth more. In the real world, it is considered a tremendous advantage for one’s currency to appreciate in value.

Over the past several months, Hugo Salinas Price has trumpeted the growing “political movement” in Mexico to partially “re-monetize” silver – as a parallel currency to the current banker-paper (i.e. the peso). Indeed, commentator Ben Davies speculated that this factor alone would send the price of silver soaring higher, as yet another incremental source of demand (in a world where silver stockpiles are gone).

While no one has been talking about fully re-monetizing silver in any particular economy, I thought it was time that someone presented this scenario (at least in hypothetical terms) – as a means of countering the wave of nonsensical propaganda that devaluing one’s currency was “the path to prosperity”.

Since hypothetical examples are always most illustrative when we plug-in extreme parameters, let’s assume that Mexico had already re-monetized silver – and had done so at $3.60/oz, a 600-year low for the price of silver. With silver now at $36/oz (and soaring rapidly), the citizens of Mexico would have seen their money increase in value by a factor of ten, over the past 15 years.

A link to the complete article if you wish to read further.