The Good News about the Next Recession

The Federal Reserve is switching gears and halting interest-rate hikes for the near future, amid fears of another global crisis.

The United States is entering a recession and there will be quantitative easing again, predicts Ronald Stöferle. He argues that the worst is over for mining stocks and the gold price, as they stand to gain enormously from sliding faith in fiat currencies.

Thursday (Monday) Conversation – Ronald-Peter Stoeferle

Ronni Stoeferle is discussing the current happenings in gold and if/how this year’s IGWT will jibe with our theme of 2010+9.

This discussion primarily focuses upon three, key points:
1) The rally in gold from late 2018 that ended with a thud last week.
2) Ongoing developments in gold and the mining shares that likely indicate higher prices are coming in the months ahead.
3) A preview of IGMT 2019 and a discussion of the primary themes of the report.

Ronald-Peter Stöeferle: The Perfect Storm for Gold & Mining Stocks

Ronald feels that we are in a perfect storm for gold as his inflation indicator began to rise this January. One should load up on inflation-sensitive currencies, mining equities, physical gold, and the commodity sector in general. The combination of monetary tightening and rising rates is going to lead to recessionary risks and the economic numbers show a dramatic cooling.

Time Stamp References:

1:40 – Perfect storm for gold is brewing.

3:00 – Recessionary risks are increasing.

3:40 – Federal Reserve monetary U-Turn.

5:30 – His long-term targets for gold.

6:50 – Central banks are buying.

7:30 – Institutional investors remain on the sidelines.

8:45 – Entering the second stage of the bull market.

10:30 – Recent gold and mining equities performance.

13:20 – Dedollarization is increasingly an important topic.

14:20 – US Dollar is rolling over.

Ronald Stoferle – Next Crisis Will Be a Crisis of Our Monetary System

Silber Bullion TV speaks with returning guest, Ronald Stoferle of Incrementum AG, about what he observed about Chinese attitude towards gold during his recent visit to Shanghai for the China International Precious Metals Annual Conference.

Discussed in this interview:

03:18 Chinese economy is struggling

05:38 China & US: Which country needs the other more?

09:48 China debt addiction and economy

13:41 Chinese Yuan to be the next reserve currency?

21:05 De-dollarization: Is the dollar’s reserve currency status under threat?

24:37 Petrol yuan: Saudi to accept Yuan payments for oil?

28:08 Outlook for gold 2019

32:44 Oktoberfest beer to gold ratio