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Arkadiusz Sieroń

Investment Advisor & Author @ Sunshine Profits

Arkadiusz Sieroń received his Ph.D. in economics in 2016 (his doctoral thesis was about Cantillon effects), and has been an assistant professor at the Institute of Economic Sciences at the University of Wrocław since 2017. He is a board member of the Polish Mises Institute of Economic Education, author of several dozen scientific publications (including in such periodicals as the Journal of Risk Research, Prague Economic Papers, Quarterly Journal of Austrian Economics, and Research in Economics), and a regular contributor to GoldPriceForecast.com and SilverPriceForecast.com. His two books, Money, Inflation and Business Cycles and Monetary Policy after the Great Recession, are both published by Routledge. Arkadiusz is also a certified Investment Adviser, a long-time precious metals market enthusiast, and a free market advocate who believes in the power of peaceful and voluntary cooperation of people.

Arkadiusz Sieroń Articles

We are so far only in a technical recession, but the true recession is coming, or it has already begun. It should be positive for gold prices.
The annual CPI decelerated in August but came in higher than expected. Bets on a more hawkish Fed increased, while in the case of gold, they decreased.
Economic contraction is unfolding – but how painful will it be? The deeper the recession, the better for gold. Let’s make it clear: an economic downturn is coming. We are already in a technical recession (GDP contracted in the first two...
The US economy generated 315,000 jobs in August, but the unemployment rate increased. What does it imply for the gold market?
Powell’s speech at the Jackson Hole symposium confirmed his hawkish stance, sending gold prices towards $1,700.
Inflation moderated a bit in July, fueling hopes that it has peaked. Are they justified? Yes and no, but before I elaborate on this enigmatic answer, let’s see what happened in July. On a monthly basis, the CPI was unchanged then, after...
The FOMC hiked rates by 75 basis points in July. However, the recession drums are getting louder, and gold likes such music.
The latest S&P Global Flash US Composite PMI doesn’t bode well for the U.S. economy. The headline Flash US PMI Composite Output Index declined from 47.7 in July to 45 in August, as the chart below shows. It was the second successive...
Everyone says that the upcoming recession and stagflation will be good for gold. However, will they really? Some doubts also arose in my mind, so let’s investigate them. I, of course, don’t dispute that gold soared in the 1970s. This is a...
Although gold barely reacted to the July FOMC minutes, the Fed worries about an economic slowdown. That bodes well for the long-term outlook for gold.

It is estimated that the total amount of gold mined up to the end of 2011 is approximately 166,000 tonnes.

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