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Ronald Stöferle at Sprott Money News
Ronald Peter Stöferle continues his interview series. Today he is a guest of Craig Hemke of Sprott Money News. The topic of discussion was of course this year's In Gold We Trust report and its content.<br /><br />The Boogeyman, Inflation<br />Even if mainstream economists do not believe stagflation is possible in our current climate, Ronald Stöferle sees the possibility that it could make a comeback. This would be a situation like in the 70s where gold is performing really well. A climate in which stocks are doing quite well in nominal terms but in reality, have a very difficult time. For bonds, this was probably the worst time and their performance was probably the worst. You have to remember that gold went from just $35 to $850 in the 1970s.<br /><br />The system in crisis<br />Not only the hereditary potential curves of the Covid 19 crisis should be studied, also those of our monetary system, the exponential credit curve should be observed. We need more and more credits to survive in our current monetary system. Ronald Stöferle, believes that a reorganization or recalibration of our monetary system is not unlikely for this reason. Gold should again play an important role in this. Closely connected to this is the US dollar as the reserve currency. The international players are already preparing for this change. Also, that the US dollar could lose its status as a reserve currency. They are therefore already hoarding large quantities of gold.<br /><br />Ronald Stöferle and the "zero interest trap"<br />Will we ever see higher interest rates again? Ronald Stöferle has written a book on this and other questions about interest rates. Due to our high debt levels, Ronald Stöferle does not see nominal interest rates rising in the near future. We simply cannot afford it. It is also this fact that makes him so optimistic about gold.<br /><br />Advisory Board at Affinity Metals<br />Of course, Ronald Stöferle cannot say much about his position as an advisor for Affinity Metals. Since 2017 he has also held this position at Tudor Gold and a look at the price curve suggests that he has done a good job. Affinity Metals is still in a very early phase. The team is a well-established one and Ronald recommends keeping an eye on Affinity Metals shares in the future.<br /><br />Follow us on Twitter:<br /><a href="https://twitter.com/IGWTreport" target="_blank" rel="nofollow">https://twitter.com/IGWTreport</a><br /><br />Follow us on Facebook:<br /><a href="https://www.facebook.com/Incrementum-.." target="_blank" rel="nofollow">https://www.facebook.com/Incrementum-..</a>.<br /><br />Further information here:<br /><a href="https://ingoldwetrust.report/?lang=en" target="_blank" rel="nofollow">https://ingoldwetrust.report/?lang=en</a><br /><br />Subscribe to the In Gold We Trust report 2020:<br /><a href="https://ingoldwetrust.report/igwt/?la.." target="_blank" rel="nofollow">https://ingoldwetrust.report/igwt/?la..</a>.<br /><br />Download the In Gold We Trust report 2020:<br /><a href="https://ingoldwetrust.report/igwt/?la.." target="_blank" rel="nofollow">https://ingoldwetrust.report/igwt/?la..</a>.<br /><br />Our investment funds<br /><a href="https://www.incrementum.li/en/investm.." target="_blank" rel="nofollow">https://www.incrementum.li/en/investm..</a>.<br /><br />Thanks a lot to Craig Hemke of Sprott Money News! For further interesting videos on economics and investment visit the following link:<br />https:/<br />...<br /><a href="https://www.youtube.com/watch?v=v9ze0KRPwmg" target="_blank" rel="nofollow">https://www.youtube.com/watch?v=v9ze0KRPwmg</a>
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