Anyone interested in the silver and gold market will appreciate this indispensable read by former Swiss bullion banker Ferdinand Lips - free at the following link:
Downloaded it and read it. Thanks for the heads-up. The historical accounts are highly informative. More and more I realize how biased is the entire approved narrative of the Great Depression and recovery from it. First the UK, and now the US, have pulled off 100 years of power aggrandizement through demonetization of monetary metals. This book was written more than 20 years ago and the author expected the day of reckoning for fiat to be enormous even then. We may soon find out.
Strange that this should be posted on Saife's website (whose Economics course I am registered with) given he's a BTC maximilist.
Downloaded it and read it. Thanks for the heads-up. The historical accounts are highly informative. More and more I realize how biased is the entire approved narrative of the Great Depression and recovery from it. First the UK, and now the US, have pulled off 100 years of power aggrandizement through demonetization of monetary metals. This book was written more than 20 years ago and the author expected the day of reckoning for fiat to be enormous even then. We may soon find out.
Thank you.
My pleasure.
Thanks - looks like an interesting read.
Cool ty
MY pleasure.