Investing News, Released on 6/23/20
With global markets in turmoil, gold has been on a tear this year, leaving many investors wondering what the future for the yellow metal could be.
For Ronald-Peter Stoeferle, managing partner at Incrementum, there’s still a long, bright path ahead. Speaking to the Investing News Network, he said the party is far from over for gold.
“From my point of view, this bull market is just getting going. It’s very healthy, and therefore I think that every dip should be bought,” said Stoeferle, who also authors the “In Gold We Trust” report.
0:00 – Intro
0:21 – COVID-19 was a catalyst
3:16 – 2008/2009 looks like a kindergarten party now
6:58 – Will the US election impact gold?
9:32 – Gold’s role during times of inflation
14:39 – The gold bull market is just getting going
17:23 – Can anything stop gold?
20:54 – The mining space is worth a close look
23:21 – Majors, mid-tiers or juniors?
24:57 – Outro
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.