Kitco News, Released on 9/12/21

Global financial markets have reached a “monetary tipping point”, according to Ronald-Peter Stoeferle, managing partner of Incrementum AG.

After this tipping point, inflation will continue to climb up, real interest rates will remain in negative or near-zero percent territory, and monetary policy will become less impactful for the markets than fiscal policy; this will be an era of fiscal dominance.

0:00 – Is gold dead?
5:21 – Bitcoin vs. gold
11:50 – Monetary tipping point; “Opranomics”
13:50 – Central banks becoming “social activists”
17:04 – Inflation vs deflation
22:26 – Monetary vs fiscal policy
24:30 – Market risks
27:35 – Gold vs inflation expectations
29:50 – Gold price outlook

Ronald-Peter Stöferle is 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.

  bitcoin, gold, inflation, Ronald Peter Stöferle