Multi-Billionaire Hugo Salinas Price Just Warned The World’s Paper Money System Is Going To Collapse

Sunday, March 3, 2019
By Paul Martin

KingWorldNews.com
March 03, 2019

Multi-billionaire Hugo Salinas Price just warned that the world’s paper money system is going to collapse.

Today’s Market For Gold Has Two Individuals
March (King World News) – Multi-billionaire Hugo Salinas Price: The world used gold coins as money up until the first years of 1900.

Since that time, the world’s use of gold as money has ceased, and as of today, gold’s only function is as a means of saving wealth for future use.

Today, the market for gold consists of two groups of individuals or economic entities: a) those who wish to acquire gold for the purpose of saving some wealth for future use, and b) those who hope to realize a profit in terms of paper money, by speculating in the gold market.

The group “a”, of savers, is a relatively small group, and for the most part, only purchases gold and does not sell.

The group “b”, of speculators, is a large group made up of individuals or economic entities anxious to realize paper profits.

The world is extremely indebted, and a great number of individuals are hard-pressed to make a buck on their speculations, including those in gold…

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