Mexico is debating the monetization of the Silver Libertad. If the government south of the border turns talk into action, it would be a complete and total game changer for the entire world…

Goldbugs & Silverbugs can make their voices heard at this PUBLIC MEETING to “advise the Secretary of the Treasury on any theme”. That sounds like an opportunity…

Bob Quartermain has been one of the most successful resource sector investors of the last 20 years.
He ran Silver Standard, acquiring silver projects and making discoveries during the precious metals bear markets of the early 90’s and early 2000’s.
Rick Rule was involved in financing the company in 1992 when it was a small company. Its current market cap is around $500 million1.
Mr. Quartermain is now the head of Pretivm Resources, one of the largest resource ‘juniors’ in the world, with an advanced-stage exploration project called the Brucejack mine.
Tekoa Da Silva recently sat down with him to ask for his comments on successfully acquiring and developing new mines, and what he believes investors and resource sector leaders need to do in a tough bear market:

In this excellent interview with the Sprott team, Billionaire Hugo Salinas Price shares his views on precious metals, provides some historical background on gold and silver money, the manipulation of the precious metals markets, the inevitable collapse of the fiat money, and provides an update on his efforts to bring physical silver currency back to Mexico. 

silver coinFor many Americans the country of Mexico conjures up images of a third world nation.   The poverty, lack of basic services, and extreme violence has left the populace so desperate that thousands of people on a daily basis head to the United States for a better life.
But according to Future Money Trends, all that could change in the near future as key Mexican financial leaders and politicians have been working to institute sweeping monetary change that, if implemented, could unleash a global power shift of epic proportions.

This could be a major turn of events that will have global implications. The action’s set to unfold in Mexico, where many of its most influential and wealthy citizens are demanding the country abandon its fiat currency, the Peso, and return to a silver standard.
We know that many people are used to looking at Mexico as the violent, crooked, messed up country over the border… the one that sends all those illegals over here because even picking canteloupes for giant U.S. agri-businesses pays better than the job at home… it’s now time to rethink all that, because a silver standard in Mexico would unleash the biggest global power shift since Spain raided the Aztecs 600 years ago.

By SD Contributor SRSrocco:

I have seen a few comments stating that I don’t believe in the gold & silver miners.  This is not quite the truth.  I don’t believe in the OVERALL MINING INDUSTRY going forward… especially by the next 5-10 years.

However, certain miners will be great stores of wealth as the $trillions of investment dollars tries to find a home in REAL ASSETS and not the fake IOU’s that now total more than $85 trillion globally.

By SRSrocco:

Well, the third quarter results are now out, and it looks like several of the primary silver miners stated a net income loss for the period.

The three primary silver miners produced 8.1 million ounces of silver during the third quarter of 2012 and all showed a net income loss.  Here we can see that for several of the primary silver miners, the break even cost now for producing silver is now $30 an ounce.

As costs rise, so will the break even price of silver.