: About Me

I am a German citizen and currently located in Lund, Sweden where I am studying for my PhD in financial economics.

My passion is ...

learning, expressing myself

I know too much about ...

economics

My parents always told me ...

to find my own way

My childhood ambition ...

I guess I was not very ambitious as a child

Why I write ...

I enjoy it

What I am reading/watching/listening to ...

news, documentries, stock market reports

My first job ...

bank clerk

My best moment ...

yet to come

Personal Finance > Investing (Other) Why should I invest in gold?

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Gold has always been a very fascinating object to humanity. On the one hand, it is a symbol of wealth and prosperity. On the other hand, gold has gradually lost its role as an exchange object, a function that is today served by printed paper money and coins. Gold was the ideal object to facilitate good exchanges without having to barter. Most importantly, it is a scarce resource and the circulating amount cannot be increased arbitrarily. After a transition period when paper money needed to backed by gold, paper money has entirely replaced the function of gold. However, paper money is not s...

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