MiningStockEducation.com, Released on 6/28/23
Fund Manager and Co-Author of the In Gold We Trust report Ronald Stoeferle believes the gold price will reach all-time highs, in USD terms, in the next 12 months. Stoeferle discusses a number of topics from the 2023 edition of the IGWT report. These topics include: where interest rates are headed, why Japan hasn’t seen much inflation despite high levels of QE, 2022 gold consumption and much more.
0:00 Introduction
0:44 Threat of further interest rate hikes in 2023 is merely verbal posturing or is it a real threat?
3:31 Breaking point between rising interest rates to quell inflation and government spending?
6:35 Crack up Boom scenario?
8:30 Is gold exceeding price expectations today?
10:33 If monetary inflation equals inflation, why has it taken decades for Japan to see it?
13:52 Gold consumption in 2022 – prelude to gold backed BRIC currency?
20:12 Does the petro-Yuan’s convertibility into gold have an effect on price?
22:50 East versus West is it really U.S. versus China?
27:41 What does it mean to have a gold backed currency in the future?
30:11 What will be the factor that brings CBDCs into use?
32:14 Why is a US CBDC a threat to the current USD system?
35:02 Where is the gold price headed?
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.