Ferdinand Lips

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Ferdinand Lips (born March 17, 1931 in Zurich or Schlieren ; † September 29, 2005 in Zurich) was a Swiss banker and international gold market expert. He is considered a representative of the classic gold standard .

Life

Ferdinand Lips attended business school and trained at the Swiss Volksbank . At the age of 22 he moved to JP Morgan Bank in Paris , then to Dominion Bank in Toronto and, at the age of 28, returned to Zurich to join Bank Julius Baer . In 1968 he was co-founder and director of Rothschild Bank in Zurich, where he built up the gold business for an exclusive private clientele. In 1987 he opened his own bank in Zurich with Bank Lips AG (new: Privatbank Bellerive AG ). In 1994 he got into the gold mining business in South Africa. In 1998 Lips sold his bank to the Graubündner Kantonalbank . In 2000 he founded the Lion Capital Group in Zurich and from 2003 ran a gold investment fund that became one of the most highly endowed of its kind. Lips served on the boards of directors of African gold mining companies and administered the Foundation for the Advancement of Monetary Education (FAME) in New York .

Works

Lip's book Gold Wars , which appeared in English in 2001, became internationally known. In 2003 it was published in German translation under the title The Gold Conspiracy . The book has now also appeared in other languages, including: a. in Japanese and Chinese. He warned of a financial crisis in which paper money would become worthless and gold would again become the most important means of payment . In the gold conspiracy , Lips wrote that the US had urged Switzerland to sell its gold reserves and invest in dollars . Until the revision of the Federal Constitution in 1999, the Swiss franc was one of the last currencies in the world to be backed by gold. At Christmas 2003 Lips sent his book to every parliamentarian in Bern and 200 other people to persuade them to stop the National Bank's gold sales .

Publications

Web links

Individual evidence

  1. ^ Who's who in Switzerland including the principality of Liechtenstein. Nagel, Geneva 1990, p. 313.
  2. ↑ In the intoxication of gold. Obituary In: Neue Zürcher Zeitung . October 16, 2005. Retrieved April 8, 2011.
  3. ^ Ferdinand Lips Institute before the start. In: finews.ch. August 10, 2009. Retrieved April 8, 2011.
personal data
SURNAME Lips, Ferdinand
BRIEF DESCRIPTION Swiss banker
DATE OF BIRTH March 17, 1931
PLACE OF BIRTH Zurich or Schlieren
DATE OF DEATH September 29, 2005
Place of death Zurich