Albert Lu is the principal member and co-founder of The Woodlands Bullion Company. He espouses
the principles of Misesian Austrian Economics, which he disseminates through Praxis, a newsletter
he authored beginning in 2006. In Praxis, he used Austrian Economics to explain the weaknesses of
the American economy, correctly predicting the collapse of the housing bubble and the misguided
notions of the nation’s monetary policy.

Mr. Lu holds two degrees — a Master of Engineering and Bachelor of Engineering, Honours — from
McGill University, and for more than ten years specialized in electrical engineering, particularly in
semiconductor design and testing. He also co-authored a book, published numerous papers, and
acquired patents in semiconductor design.