Arkadiusz Sieroń, PhD
Hi, my name is Arkadiusz Sieroń. Call me a liar, but I am writing about the precious metals thanks to Arthur Laffer, Alan Greenspan, John Keynes and Fredrich Hayek. Really! Would you like to know how these economists, some of whom have been dead for a long time, triggered my adventure with gold?
When I was in high school, I took part in the Entrepreneurship Olympic, one of the biggest thematic competitions for pupils from secondary schools. During my preparations, I studied an academic textbook, in which I came across a Laffer curve. Eureka! If the tax revenues are the same at low and high tax rates, the government should lower them! I did not win the competition, but I achieved much more. I decided to become an economist! And I loved the idea of small government and economic freedom since that very moment.
After graduating from high school, I moved to the capital. I was very excited, as I started to study economics at the best economics university in the country. However, the professors disappointed me very quickly. Why? They all were statists, supporting extensive government intervention and fiat currencies. Gold? It is a barbarous relic! Have you not read Lord Keynes?
I was very depressed. I even considered giving up my studies in economics and enrolling in the Philosophy Faculty! You can see now that I was really desperate. When I was contemplating nothingness and vanity of vanities, a few of my classmates lent me a handful of fascinating books, such as Capitalism and Freedom by Milton Friedman. I also discovered the publications of thewho supported the idea of the . It sounded crazy in the 21th century, but it was inspiring. I rediscovered the sense of studying economics.
I continued my studies and one day I read these words: “Gold and economic freedom are inseparable”. Try guess who wrote them. Don’t give up, try once again. Don’t know? Alan Greenspan. Shocking, right? This is a quote from his “Gold and Economic Freedom”, an article published in 1966. Several years before he became the Fed Chair, and several more before the real estate bubble, that he helped to pump, up burst. Quite ironic, don’t you think? Both his essay and the(and the accompanying bull market) motivated me to study .
I became a certified Investment Adviser very soon and I started to work for the biggest pension fund in the country. My corporate career seemed to be very promising. However, I quickly discovered that the company invested most of the participants’ funds into Treasuries or shares of the big state companies. And they didn’t even want to hear about investing in precious metals.
I quit. I found a shelter at the university, as a Ph.D. candidate and – after a defense of my thesis about certain negative consequences of inflation (i.e. the) – as an Assistant Professor. I was finally free to study economics, freedom, and gold.
The more I read about gold, the more I was terrified. Most of the so-called experts who write about the precious metals, don’t have any idea about the subject they discuss. They treat gold as a mere commodity. Or they claim that gold is either worthless as it does not bring any yield or that its price should always rise. I was really let down by the state of understanding of the gold market among the analysts and investors. But I could not do too much. Until the sun shined down on me.
I got a job offer at Sunshine Profits. I didn’t hesitate a second and accepted it, although many professors discouraged me: “You are a scholar, focus on science and do not write silly newsletters about bullion" -they advised me. But I did not listen to them, as they clearly didn’t understand the nature of gold.
It is not a barbarous relic, it is the longest used money in history, and a clinking witness of human civilization. Gold is the asset, which used to serve as the safe- haven and portfolio diversifier for investors from the entire world for years. I wanted to study its properties and to share with my knowledge with people who do not have time for that. I wanted to help investors to better understandand improve their investment decisions. I’m happy that I can do that at Sunshine Profits. I’m really proud to be a member of our and provide investors with high quality investment analyses about the gold market.
Would you like to check into how I can help you make the most of your precious metals investments? A great way to start is to simply sign up for our gold newsletter. In this way, you’ll stay up-to-date with my analyses and you’ll check to see if what I do can help you. Plus, it’s free, so all it takes to sign up is just a few clicks..
Thanks for taking the time to read my story. If you have any questions , please let me know using our.
Arkadiusz Sieroń, Ph.D.
Recent articles written by Arkadiusz Sieroń, PhD
Will the 2020s Be Good or Bad for the Gold Market?
Feb 14 2020, 3:57 a.m.
Better Prospects for Gold in 2020?
Feb 7 2020, 9:30 a.m.
Gold Bulls Are Impatient: Will They See a Recession in 2020?
Jan 31 2020, 3:33 a.m.
Three Upside and One Downside Risk for Gold
Jan 24 2020, 7:37 a.m.
10 Economic Trends That Will Shape the U.S. and Gold Market in 2020
Jan 17 2020, 4:08 a.m.
Gold in the 2020s - Will the New Decade Turn Out Better than the 2010s?
Feb 7 2020, 7:06 a.m.
Will 2020 Be Better or Worse for Gold Than 2019?
Jan 10 2020, 4:14 a.m.
Central Banks, Recession and the Changing Narrative for Gold
Nov 1 2019, 5:47 a.m.
Gold and the Next Round of Global Monetary Easing
Oct 3 2019, 11:17 p.m.
Gold in a World of Fed's Interest Rate Cut, Negative-Yielding Bonds, and Rising Debt
Sep 6 2019, 7:10 a.m.
Trump and Economic News That Drive Gold, Not Just Coronavirus
Feb 18 2020, 9:17 a.m.
Coronavirus, Powell and Gold
Feb 13 2020, 7:45 a.m.
Is Coronavirus the Black Swan That Takes Gold To-Da-Moon?
Feb 11 2020, 5:22 a.m.
Will New Coronavirus Kill Global Economy and Humanity, Making Gold Shine?
Feb 3 2020, 8:04 a.m.
Fed Little Moved in January, but Gold Higher Still
Jan 30 2020, 9:32 a.m.