Ronald Stöferle

Panel discussion on gold in the financial crisis

Ned Naylor-Leyland, Simon Mikhailovich, David Fergusson, Egon von Greyerz and Ronni Stöferle discuss the economic environment, what policy action means for gold, the possibility of inflation and the landscape for investing in precious metal mining stocks.

Final phase of the current financial system, is gold the salvation?

The storm clouds of the crisis were already moving above our heads when COVID19 was still a distant problem in Asia. Already in autumn 2019 the FED and ECB shocked with the statement they would do everything to save the system. The final phase of the unlimited money printing of the central banks has begun. Even if the demand for gold has risen sharply, it will not be enough to secure the wealth of most people. Tune in to find out why.

Increased interest in gold in the run-up to inflation.

Although it isn’t currently visible, the panel participants, especially Egon von Greyerz, are certain that hyperinflation or a depression is imminent. He postulates that the destruction of the value of money by the unstoppable money printing of central banks will lead to a greatly increased interest in gold in both the private and the professional sector. Egon also explains what this means for the price of gold in the near future.

 

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Source: https://vimeo.com/405869725

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