He has lived in Australia, Colombia, Malaysia, the United States and Austria and currently resides in Australia. A long-time retailer and restaurateur he has also lectured, panned for gold, worked as a spray painter, hat maker, farmer, company director and investor.
He has had an interest in gold going back to 1975.
President of the Institute – Europe
Thomas Bachheimer has always been interested in crowd behaviour, particularly with reference to the markets. He has a more than 20-year trading experience as both a propriety and systemated Trader for, amongst others, Greenhouse PLC in Dublin and Munich. He was also Head of Trading for ALTEA LLC in Vienna. Trading bonds led to the study of the “world of bonds and governmental debt”. At that point worries about the monetary system kicked in.
After reading Alan Greenspan’s “Gold and Economic Freedom” his focus turned from bonds to precious metals and energy markets. Within days he quit his job as a bond trader and began the development of an automated trading system for gold and energy futures.
In 2007 he initiated a physical gold fund in Liechtenstein and has been running this fund ever since, with an additional Futures-Fund (Amplitude Trading Hedge System) to hedge the physical gold. Bachheimer also currently runs a wealth-protection-fund.
In the spring of 2004, with the oil price at USD30, Bachheimer predicted an oil price of USD 100. This was due to his analysis of the money supply growth of the USD. Since then (for the last 7 years) he has been a regular guest-analyst for energy-markets on CNBC, Bloomberg and N-TV with more than 50 live-appearances, mainly during OPEC-Meetings.
Bachheimer is a key speaker at meetings and conferences about the monetary system and publishes articles on the currency, energy and monetary metals. He also writes about the influence of politics on the economic process. He is a follower of the Austrian School of Economics.
President of the Institute – USA
Keith Weiner is a technology entrepreneur and president of the Gold Standard Institute USA.
He was the founder of DiamondWare, a Voice Over Internet Protocol software company, which he sold to Nortel in 2008. He is an Objectivist who has earned his PhD New Austrian School of Economics, with a focus on monetary science.
Keith, who currently trades and analyzes precious metals and commodities, advocates a return to a proper gold standard and laissez-faire capitalism. He lives with his wife near Phoenix, Arizona.
President of the Institute – Asia
Ville Oehman has been a start-up investor for over ten years, focusing on medical and financial technologies. He is currently a director of the Business Angel Network of South East Asia in Singapore, and a member of the Hong Kong Business Angel Network.
Ville has a master’s degree in technology management from Aalto University in Helsinki, Finland and an MBA from University of South Carolina in the US.
He has also studied in Indian Institute of Management in Bangalore, and has done a Commodities Professional Program in Dubai Gold and Commodities Exchange. Ville is a self-learned precious metals saver and investor since the 90’s, and is a follower of the Austrian School of Economics.
Rudy Fritsch was born in Hungary in 1947, the son of a patriotic Hungarian, Mr Rezso Fritsch.
Mr Fritsch Sr. had lived through WWII and the consequent Hungarian hyperinflation, but in spite of the opportunity to emigrate after the war, he stayed in Hungary on the hope that the newly liberated country would provide opportunity and freedom. Soviet Communist oppression destroyed all such hopes, and when another chance to leave the country arose in 1956 during the Hungarian revolution, he gathered up his family and left.
The Fritsch family built a new life in Canada, and Rudy, after doing engineering studies, joined the family business building metal forming machinery. The manufacturing company was very successful and Rudy eventually became president, then sole owner, and to this day the Allsteel line of metal forming machinery is well known in the industry.
The only difference is that today the Allsteel machines are no longer built in Canada, as they were for forty years, but in China! The fact is, off shore competition coupled with ‘new paradigm’ thinking along the lines of the so called ‘post industrial society’ has made manufacturing in North America extremely difficult, if not impossible. Rudy was forced to put the manufacturing company into bankruptcy before all the family wealth was destroyed.
In his efforts to understand why the previously profitable company became a loss maker, he started to study economics. These studies made him realize that mainstream economics, the so called ‘dismal science’, was full of nonsense and illogic. Much research led him to Austrian economics, and this school of economic science finally started to make some sense to him. He undertook a comprehensive study of the field, including the major works of Von Mises and Murray Rothbard, two acknowledged gurus of Austrian economics.
One day, surfing the Internet, he happened upon the writings of a Professor Fekete… and Fekete actually dared to criticize the work of Mises! Suspicious of this kind of talk about his hero Mises, and understanding that Fekete was a Hungarian, he thought; “who is this crazy Hungarian who dares to criticize Mises and the Austrians?” He decided to debunk Fekete; and in order to do this he began by studying all of Fekete’s works.
Interestingly, instead of debunking Fekete, Rudy came to realize that Fekete’s work has taken Austrian economics theories to new, breakthrough levels. Consequently Rudy started to work with Professor Fekete, using his engineering mindset to complement Professor Fekete’s scientific approach.
Professor Fekete is a monetary scientist as well as a very erudite and prolific writer. According to Rudy, making Fekete’s scientific work accessible to ‘the rest of humanity’ and applying his breakthrough theories to real world problem solving needs the mindset of an engineer. Rudy Fritsch is committed to ‘preserving and disseminating’ the vital knowledge that Professor Antal Fekete brings to humanity.