There is still time to jump into gold before the new phase of its bull market: Ronald-Peter Stoeferle

Kitco News, Released on 4/23/20

The gold market is on the cusp of a new phase in its bull market as central banks and governments around the world try to fight off a global depression, this according to Ronald-Peter Stoeferle, managing partner of Incrementum AG and author of the “In Gold We Trust Report”.

Stoeferle said that gold prices have room to go higher; he noted that investors remain under-allocated in gold as inflationary risks continue to grow.

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.

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