S'pore's the place: a safe haven for him and his silver hoard
By Andrea Soh - It took a journey halfway around the world to discover a place where he could be confident of his future. Now, Gregor Gregersen makes his living betting against what precipitated that journey in the first place: a system he says is doomed to fail with its downward spiral of ever increasing sovereign debt and taxes.
The native German had lived in the US and Europe for most of his life. Disillusioned and frustrated by the massive amount of taxes in his home country - where he was paying up to 80 per cent in total taxes - he was looking to escape the vicious cycle.
The founder of Silver Bullion then chanced upon a book by former prime minister Lee Kuan Yew. Eight months later, in early 2008, he moved to Singapore.
"And an interesting thing happened: just by me moving to Singapore, I quadrupled my salary,"...
Read more: AsiaOne, 4 February 2013