Presentation by Ferdinand Lips of Switzerland, chairman of Top-Gold Fund in Liechtenstein, former chief executive of Bank Lips, former managing director of Rothschild Bank AG in Zurich, and author ...
Presentation by Ferdinand Lips of Switzerland, chairman of Top-Gold Fund in Liechtenstein, former chief executive of Bank Lips, former managing director of Rothschild Bank AG in Zurich, and author of "Gold Wars." (more) (less)
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Ferdinand Lips unfortunately passed away on September 2005. His book Gold Wars was the first I read about the subject of precious metals. Being a banker myself, indoctrinated through years of academic studies, this book suddenly opened my eyes. If you want to realise what really happens in the financial sector and beyond, there's one critical point to begin your investigation. Thank you Mr. Lips.
He's right about the gold and the gold standard and the manipulation but I wish he'd leave out the religious garbage. He's giving GATA a bad name, they'll be seen like the neocons (who's game is up)and avoided rather than supported.
get the owrd out to your friends and everyone you can - protect your money - BUY GOLD in physical form or allocated gold if youtrust the papaer guarantees they give you.
just think about what the problem of monetary system is. You really need to study American's history in the beginning. Fiat money is good as long as it is issued by the government but it is not. it does not matter what you back it up with when currency is issued by private bankers. Do not fall for bullshit idiotic austrian school. why do you think Hayek and von Mises won Novel prize? they said and supported something which makes the oligarch happy.
The problem with monetary system is debt based money system and fractional reserve banking, NOT fiat or lack of gold. why do you think Ron Paul and Peter Schiff is ALLOWED to be on main stream media, which supposedly controlled by the oligarch?
do not fall for this Gold standard. just think about how much monetary contraction we are gonna experience. But these idiots and stupid people bought it again, just like they accept anything that is on television, when it is actually a poison. :)
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He's giving GATA a bad name, they'll be seen like the neocons (who's game is up)and avoided rather than supported.
gold standard...