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Professor Antal Fekete is an intellectual heavyweight who could probably solve almost any problem to
which he puts his mind. In mathematics, just one of his unpublished theories has the potential to solve
the coming bottleneck in computing power and artificial intelligence. Yet it is to the science of monetary
theory that the professor has devoted most of his thinking in the past few years, and we are all fortunate
that he has done so. Personally, I feel especially lucky to have had a chance to collaborate with him over
the past year or two, and I eagerly look forward to many years more.
I may only be exaggerating slightly when I say that the professor's exposition -- right in front of our
eyes -- of a unified economic and monetary theory may turn out to be as important scientifically as some
of the greatest discoveries in physics, chemistry or medicine. After attending the second Gold Standard
University Live session in Szombathely, Hungary, in August of 2007, I coined the phrase "prosperity theory"
in an attempt to capture the true meaning of Professor Fekete's work: nothing less than THE BLUEPRINT for
how society can have the best chance to prosper. This unified theory is so staggering in its importance
that I'm fairly certain people many centuries from now will look back at this period, and the professor's
work, as a "Golden Age" of monetary thinking. No, I did not take any drugs while writing this although
reading or listening to the professor's sage words can sometimes elicit some drug-like reactions!
I highly recommend that everyone attend as many of the professor's live seminars as possible because the
full effect of his greatness is best appreciated in person, especially for the layman. You never know, the
experience may turn out to be as priceless in retrospect as having attended a lecture by Adam Smith, Sir
Isaac Newton or Albert Einstein before they were recognized for their greatness. Whether you get a chance
to catch the professor live or not, all of his writings are must reading for the serious student of money,
gold, finance and economics.
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July 3 - 6, 2008
Lecturer: Professor Antal E. Fekete
Guest Lecturers: Darryl Schoon, Tom Szabo and Peter Van Coppenolle
Session IV of the Gold Standard University Live will be held July 3 - 6
at the Martineum Academy in Szombathely, Hungary. This Session will follow the material covered in the previous
sessions, but those who did not attend them would benefit just as well.
This course will be delivered over 13 one-hour lectures, there will be plenty of opportunity for discussion.
Participants may also request private consulting, in which case an extra charge of EUR 250 per hour would apply
for a minimum of a one-hour consultation.
Please note that Session IV will also feature a panel discussion on the gold and silver basis: The Power of the
Basis – Forgotten Tool of Investing in Gold and Silver. Moderator: Tom Szabo of www.silveraxis.com, one of the
world’s foremost experts on the gold and silver basis and a member of GSUL research team. Please note that GSIL
is the only forum where you can learn about the basis. Information on the basis and its uses is generally not
available to the public except at exorbitant private consulting fees.
Registration Information:
The tuition fee for participation in Session IV of the Gold Standard University is EUR 1000. This does include
accommodation, breakfast and lunch every day for the four days. In addition to this, a closing banquet is also
included in the fee. The participation fee does not include travel costs, nor the evening meals, but dinner is
available on the premises at approx. EUR 7 for those who order it in advance. Also there are restaurants outside
Martineum where you can sample traditional Hungarian cuisine.
Please note that there is a EUR 150 non-refundable pre-registration fee that will be credited toward the tuition
fee. Please contact GSUL@t-online.hu to register.
Important notice. Please contact GSUL@t-online.hu to register. Participation is limited; first come first served.
Further notices and details will be posted on this website.
Methods of Payment. Payments can be made on PayPal online money transaction service which can be used even by persons
not being member. Let us know your intention to pay at GSUL@t-online.hu with
the name and address you want to have an invoice on the payment and we shall send you an e-mail invoice. Then you can
charge your PayPal payment to a credit card or a bank account. Instructions about the usage of this system will be
given at the time of the invoicing.
Travel Information. Szombathely is in the Western part of Hungary close to the Austrian border. Most of our previous
participants from overseas arrived at Vienna International Airport. From the train station at the airport you can take
a train to Szombathely, Hungary (with a possible transfer at Gyor). Alternatively, you may rent a car (advance booking
is recommended). The approx. distance of Szombathely from Vienna is 60 miles.
Information about the city of Szombathely.
Address: 9700 Szombathely, Karmelita u.1.
Telephone: +36 94 514-340
Fax: +36 94 514-341
e-mail: akademia@martineum.hu
Map of Szombathely (location of Martineum is marked: mfa)
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Schedule for Session IV
Martineum Academy, Szombathely, Hungary
July 3 - 6, 2008
Monetary Economics 201:
The Bond Market and the Market Process Determining the Rate of Interest
Thursday, July 3
10:00 a.m. - 11:00 a.m. Introduction
11:30 a.m. - 12:30 p.m. The Disequilibrium Theory of Price Formation
2:30 p.m. - 3:30 p.m. Darryl Schoon's Hour
4:00 p.m. - 5:00 p.m. Productivity of Capital
Friday, July 4
10:00 a.m. - 11:00 a.m. Peter Van Coppenolle's Hour
11:30 a.m. - 12:30 p.m. Productivity of Speculation
2:30 p.m. - 3:30 p.m. Inflationary and Deflationary Spirals
4:00 p.m. - 5:00 p.m. Linkage
Saturday, July 5
10:00 a.m. - 11:00 a.m. Destabilization of the Interest Rate Structure: Destroyer of Capital
11:30 a.m - 12:30 p.m. Origin of Interest
2:30 p.m. - 3:30 p.m. The Gold Bond
4:00 p.m. - 5:00 p.m. Lessons of Bimetallism
7:00 p.m. Banquet at the Martineum
Sunday, July 6
10:00 a.m. - 11:00 a.m. A New Interpretation of Kondratieff's Long-Wave Cycle
11:30 a.m. - 1:30 p.m. Panel Discussion: Moderator: Tom Szabo
The Power of the Basis - Forgotten Tool of Investing In Gold and Silver
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Copyright, © 2007 SCHOONWORKS
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