Throughout history, the precious metal gold has played a prominent role in human society. This is because it is an object that retains its value continuously, through the ages: that contains its quality and therefore its market value in itself, in its nature, in its substance (intrinsic value). As financial psychology teaches, gold has always exerted a deep mystic appeal on people. It is disputed whether this high desirability of gold should be attributed to its nature as practically imperishable and indestructible economic value, or whether the high appreciation of gold should be explained from extra-economic determinants. – See assay stamp, blank gold sale, capellengold, chrysomania, one-third gold, precious copper, goldgram, gold price, gold reserves, German, carat, London Good Delivery Standard, monometallism, coinage gold, parchment, noise gold, standard bars, currency, mixed, store of value, zerimahbub, intermediate gold.
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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/