Incrementum AG

The New Gold Playbook | In Gold We Trust report 2024

On May 17, 2024, this year’s – now 18th – In Gold We Trust report was presented at an international press conference broadcast live on the Internet. The authors of the report are Ronald-Peter Stöferle and Mark J. Valek, fund managers from Liechtenstein-based asset manager Incrementum AG.

The In Gold We Trust report 2024 covers the following topics, among others: 

  • Status quo of gold: price development in the last 12 months, most important influencing factors and trends on the gold market, including:
    • Status quo of the inflation trend.
    • Status quo of debt dynamics.
  • “The New Gold Playbook”
    • Old correlations – and thus certainties – such as the negative correlation between the gold price and US real yields are history.
    • The age of the Great Moderation, i.e. falling inflation rates, is finally over. Inflation is proving to be stubborn, especially in the US.
    • The price of gold is increasingly determined by Asian emerging markets, with more than 70% of physical demand now coming from emerging markets.
    • Central bank demand is increasingly dominating the demand for gold.
    • The old 60/40 portfolio has had its day: We present the new 60/40 portfolio.
  • Silver has shed its weakness and has reached an 11-year high.
  • Mining stocks – fundamental and technical analyses.
  • Updated gold price forecast.

 

The In Gold We Trust report 2024 also includes a debate with star analysts Brent Johnson and Louis-Vincent Gave, titled From Wedlock to Deadlock: The East-West Divorce. They discuss the international monetary system and the reserve currency status of the US dollar.

 

Here you find the Video:

 

Here you can download the report.

[ddownload id=”147636″ text=”In Gold We Trust report 2024″]

[ddownload id=”147637″ text=”In Gold We Trust report 2024 Compact”]

 

For additional information on the In Gold We Trust report, please click here.

 

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