Author Editor & Publisher, Stockmarket Cycles
March 8th, 2003
Web note: Updated 2005 in honor of Ferdinand's passing. See also: In Memoriam.
Gold Wars deals with gold's history, the gold rushes and the abandonment of gold-as-money under the modern welfare/warfare state. It shows how governments, fearing the affinity of free people for gold, fight it, thereby helping to destroy whole countries along with the gold mining industry. The book highlights the betrayal of gold-rich Switzerland. The author condemns gold "hedging," gold market manipulation by governments and bullion banks, fiat money and debt. He concludes that only a gold standard can return an ailing world economy to its full potential, reduce unemployment, help restore law and order, and help to secure peace and freedom for mankind.
Born in Switzerland in 1931, Ferdinand Lips (1931-2005), was a well-established and respected authority on gold and the gold market. His roots were in banking where he started his career, and became a co-founder and a
In 1987 he opened his own bank, Bank Lips AG, also in Zurich. He retired in 1998 when he sold his equity interest in the bank. Not being one to sit around idly, Mr. Lips continued to be very active in the banking, gold and financial fields. He served on the Board of various companies, among them African gold mining companies. He was also a Trustee of the Foundation for the Advancement of Monetary Education (FAME) in New York.
He wrote two books previously (Das Buch der Geldanlage in 1981 and Geld, Gold und die Wahrheit in 1991). Gold Wars was his third book and expressed his views on gold, the gold standard and the gold exchange standard as well as the various attempts to manipulate gold and eventually push it aside. As a Swiss, he dedicated an important part of the book to the events leading up to the partial, but substantial, sale of Swiss gold reserves.
In his free time, Ferdinand Lips spent time with his two daughters and the study of history, architecture and philosophy. Mr. Lips, a firm believer in the gold standard, lived outside of Zurich, Switzerland.
4.4 out of 5 stars Review on Amazon.com