We, here at The Dollar Vigilante (TDV), have been big supporters of Hugo Salinas Price for years. Not just for his business exploits, which have made him a billionaire, but because he now spends a significant portion of his time trying to return silver as a monetary medium in his home country of Mexico.

He recently was quoted by King World News, stating that silver could be monetized as early as this year in Mexico and so we reached out to Hugo to get some clarification of what he believes may occur and what some of the repurcussions could be.

We'll let Hugo introduce himself, for those that don't know him, but to give you some background, Mr. Salinas Price founded Elektra, a multi-billion dollar electronics retailer which employs more than 37,000 people with more than 1,000 stores in Mexico, Guatemala, Honduras and Peru.