This book is aptly subtitled “The Battle Against Sound Money As Seen From A Swiss Perspective”. Gold Wars serves as a chronicle of history from a rather unique and eye-opening perspective. The author, Ferdinand Lips, begins by discussing the history of civilization and the use of gold as money. One of the key points that the author makes is that almost every great society began their decline when gold money was thrown by the wayside. Lips does a good job of correlating the deviation from sound money (gold) and the downfall of great societies.
Here is fame.org’s description of the book:
“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.”
The book is a priceless chronicle of history through the eyes of a sound-money advocate. Although it was written in 2001, there are important lessons that one can apply to our current financial situation. For example, the author explains the scam known as the International Monetary Fund (IMF) and their fanciful Special Drawing Rights (SDR’s). He also explains how the excuse of selling IMF gold to benefit the poorest nations on earth is really a way of keeping them in perpetual debt. The author builds a logical case against the IMF and goes on to say that the IMF sells gold to suppress the price (of gold) and generate cash for loans to poor countries. These countries happen to be gold producers, and as such, they are consequentially hurt by the inability to realize higher prices on their chief export (gold). As you read through the pages you will find yourself wondering why we allowed the banking cartels to thrive. You will ask yourself why this book isn’t required reading in schools, and you will find yourself scrambling to buy gold. This book sheds light on the necessity of sound money. It drives home the lesson that “gold is nobody’s liability,” and if you have ever considered buying gold, this book is for you.
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