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Ronald-Peter (Ronnie) Stöferle is an Austrian Managing Partner and Fund manager at Incrementum AG, based in the Principality of Liechtenstein. The company focusses on asset management and wealth management and is one hundred percent owned by its partners. Ronald manages a fund that invests based on the principles of the Austrian School of Economics.
He is the Author of the annual In Gold We Trust-report, one of the most comprehensive gold studies worldwide, published since 2014 and read all over the world. The title of this year’s report, published in May, is “Stagflation 2.0”.
In Gold We Trust report 2022 | #Trailer
Sign up here to get a copy as soon as it comes out:https://t.co/rW1BupJK8t #IGWT #IGWT2022 #gold @MarkValek @RonStoeferle pic.twitter.com/D0TzGgwZ7F— In Gold We Trust (@IGWTreport) May 3, 2022
Before becoming partner at Incrementum, he worked in the research department of Vienna-based Erste Group, where he started writing about gold in 2006. He gained media attention after forecasting that the price of gold would rise to USD 2,300/ounce at a time when the price was only at USD 500.
In 2014, he co-authored a book on investing based on the Austrian School of Economics. The English version of the book “Austrian School for Investors – Austrian Investing between Inflation and Deflation” was published in fall 2015.
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In this this episode of the Brussels Report podcast, BrusselsReport.eu editor Pieter Cleppe discusses the following topics with him:
– The “In Gold we Trust” report
– To what extent can inflation be blamed on Central Banks and to what extent on the energy crisis, the war and the Covid lockdown fall-out?
– Should we expect material interest rate hikes by the ECB, given how this may cause the break-up of the common European currency?
– The expectation for silver prices, assuming energy prices will remain high, which seems to be a troubling aspect of silver mining
– Should ordinary savers put a percentage of their wealth in crypto? Or should they play it safe and stick with gold?
– How risky is it to invest in government bonds, even assuming interest rates may rise in the next 10 years globally?
It always amazes me that the majority of the public focuses primarily on the turmoil in the stock market…
What is happening in the bond market this year is even more striking: This is the fourth worst year (after 1721, 1865 and 1920) in the last 322 years!
ht #BOFA pic.twitter.com/Z7yi6hQClo
— Ronnie Stoeferle (@RonStoeferle) October 15, 2022
Chart of the year 2022? pic.twitter.com/uYpP13o48p
— Ronnie Stoeferle (@RonStoeferle) October 13, 2022
As discussed in our #IGWT22 already…
Now also according to #Lombard the Eurozone’s stagflationary risks are extreme: pic.twitter.com/4Fm77FJq2l
— Ronnie Stoeferle (@RonStoeferle) October 17, 2022
But it’s not only ordinary people who are buying more gold, also central banks have been stepping up their gold purchases, as we see in “Global Central Bank Gold Reserves, in Tonnes, Q4/2000-Q2/2022”.https://t.co/MUASSwebcG#IGWT22 pic.twitter.com/EpIyuSqLEh
— In Gold We Trust (@IGWTreport) October 17, 2022
Since the chaos of 2020 the demand for physical #gold has increased greatly as we can observe from “Comex Gold Deliveries, in Millions of Troy Ounces, 01/2006-08/2022”.#IGWT22@RonStoeferle @MarkValek #gold #IGWT #Incrementum pic.twitter.com/Qysv6AHhjP
— In Gold We Trust (@IGWTreport) October 14, 2022
"How to protect your savings from the ECB – part 2 – buy physical gold"https://t.co/Al5wuNcfRI #GOLD @ecb pic.twitter.com/PR6ew3OIM3
— BrusselsReport.EU (@brussels_report) October 2, 2022