A paper to be presented at the 2004 AIER Gold Conference, May 12-14, 2004, to be held in Great Barrington, Mass., U.S.A

Those who accept globalization as inevitable and beneficial would be right if conditions in today’s world were the same as those which prevailed back in the XIXth century or in the early XXth century. Unfortunately, globalization today is taking place under circumstances totally different from conditions in that now remote past

These coins could be placed into circulation as legal tender money, with a floating value which would be quoted daily by the Banco de Mexico. The floating value would be determined by taking the international price of silver

The first and most important condition towards empowering the internal market, is to endow it with a money of quality. All the rest, with regard to this excellent objective, will come about spontaneously

The plan to introduce silver by degrees into circulation in our country, Mexico, is a plan that puts the benevolence of our rulers to the test. When the governed enjoy a silver currency, they have tranquility and peace