SmallCap-Investor Interview mit Ronald-Peter Stöferle

Stöferle beantwortet im Interview zum In Gold We Trust Report 2019 unter anderem folgende Fragen:
– Warum ist Gold so spannend?
– Wo stehen wir derzeit beim Gold?
– Unsicherheit unterstützt den Goldpreis?
– Wie stark kann der Markt mit „Papiergold“ beeinflusst werden?
– Was sind die zwei wichtigsten Grafiken in eurem Report?
– Was ist die Modern Monetary Theory (MMT)

Ronald-Peter Stöferle auf der Metallwoche

Stöferle im Interview zum In Gold We Trust Report 2019: Gold ist ‚geronnenes‘ Vertrauen oder, wenn man so will, auch geronnenes Misstrauen gegen alle anderen Wertversprechen. Das führt uns auf die Spur seiner seltsamen Preisbewegungen: Sein Preis steigt, wo immer Misstrauen aufkommt (Misstrauen in die Zukunft, die Politik, die Regierenden), und er fällt oder stagniert, wo Vertrauen herrscht.

Ronald-Peter Stöferle in an interview with Peak Prosperity

Stöferle argues that gold is poised to move explosively higher. He sees a new bull market beginning for the precious metal — one likely to quickly build momentum as the impending recession arrives and the world’s central banks revert to extreme easing policy measures.

Gold in the Age of Eroding Trust

Dear Ladies and Gentlemen
 
They did it again! As every year, my partners Ronni Stöferle and Mark Valek have invested a considerable amount of time into what we believe to be the most extensive research piece that has ever been written on gold.
 
The narrative of this year’s edition is “Gold in the Age of Eroding Trust” and how the widespread as well as multi-facetted erosion of trust affects gold and may affect the price of gold. Among others, the following topics are covered this year:

  • Review of the most important events in the gold market over the past 12 months 
  • “The Monetary U-Turn” and its impact on the gold price
  • The increasing importance of gold as reserve asset in a time of de-dollarization
  • Gold stocks: reasons for our confidence (ESG, technology, valuation)
  • Outlook for gold price development 

Further highlights of the report include exclusive interviews and guest contributions from and with many well-known personalities, such as Jim Rogers or Prof. Steve Hanke.
 
In the following please find the download links for all editions of the report:
 
English version:
Extended Version – English (340 pages) 
Compact Version – English (100 pages) 

Please feel free to share our Incrementum In Gold we Trust report with family, friends, and colleagues.
 
If you should have any questions, please feel free to contact my partner Ronni Stöferle under: rps@incrementum.li 

Enjoy the reading, Ladies and Gentlemen and have a great day and weekend. 

Kind regards.
 
Yours truly, Stefan M. Kremeth
Wealth Management
Incrementum AG

In Gold We Trust-Report 2019 Gold im Zeitalter der Vertrauenserosion

Sehr geehrte Damen und Herren, liebe Freunde, liebe Investoren!

Wir freuen uns, Ihnen die 13. Ausgabe unseres In Gold we Trust-Reports mit dem Titel „Gold im Zeitalter der Vertrauenserosion“ zukommen zu lassen.

Folgende Themen werden im In Gold We Trust-Report 2019 u. a. behandelt:

– Rückblick auf die wichtigsten Ereignisse am Goldmarkt in den vergangenen 12 Monaten
– Ist Gold der letzte monetäre Vertrauensanker in einer Welt des Vertrauensverlusts?
– „Der monetäre U-Turn“: Das Ende der monetären Straffung und die Auswirkungen auf den Goldpreis
– Die zunehmende Bedeutung des Goldes in Zeiten der De-Dollarization
– Gold und Kryptowährungen – eine sich verfestigende Freundschaft
– Goldminenaktien: Gründe für unsere Zuversicht (ESG, Technologie, Bewertung)
– Ausblick auf die Goldpreisentwicklung

Weitere Höhepunkte dieser Ausgabe sind:

Exlusivinterviews mit:

► Jim Rogers, dem bekannten Investor: „Whenever you see problems, remember weiji!“
► Freegold/FOFOA: Der In Gold We Trust-Report 2019 enthält die Highlights eines Interviews mit dem legendären Blogger.

Gastbeiträge von:

► Prof. Steve Hanke: „Hyperinflation: viel diskutiert, wenig verstanden“
► Keith Weiner über „Goldgedeckte Anleihen“2
► Mark Burridge (Baker Steel): „Reformen, Renditen und Verantwortung – Wie können Goldminenaktien im nächsten Goldzyklus größere Bedeutung erlangen?

Wir wünschen Ihnen eine spannende und erkenntisreiche Lektüre unseres 13. In Gold we Trust-Reports. Falls Sie Fragen haben, zögern Sie nicht, uns zu kontaktieren.

Mit besten Grüßen,
Ronald-Peter Stoeferle & Mark J. Valek

There is no magic!

Dear Ladies and Gentlemen

There is no magic! Financial well-being and prosperity need a minimum amount of economic growth.

You know, I received a fair amount of positive feedback to Anton’s article on increased productivity and economic growth thanks to cheap and all time readily available (fossil) energy and again, Ladies and Gentlemen, there is no magic, economic growth demands cheap and 24/7 readily available energy.

… and without economic growth, large parts of populations will not be able of keeping their standard of living on current levels and even less of increasing it, unfortunately there is no magic there either.

I believe if large parts of a population feel economic pressure, eventually those people will want to vent their feelings, and this may lead to unpredictable and inconvenient consequences. The yellow vests movement in France is only one very recent example right in front of our doorsteps.

The cost of such protests is enormous and, there is again no magic, will have to be borne by the country’s population. While the wealthier cohort will not really feel any impact, it is a twist of fate that the less fortunate cohort, the ones that are in the street protesting for a better life, will be hurt even more over time through indirect tax increases, inflation, general increase in cost of living.

The question for me and my readers is how to invest in such an environment. I firmly believe there is again no magic. If you want to have some sort of cash return on your assets in a 0% or negative interest environment, you can get it by accepting volatility. If you are ready to accept volatility you can have easily 4% – 5% cash return on your investments. But volatility is not for everyone. People get very quickly very nervous. Long term statistics show that equities beat bonds but the price you pay for the extra performance of equities over bonds is volatility. No magic, Ladies and Gentlemen! I don’t mind volatility; I prefer low volatility to high volatility, but I don’t really mind it that much.

Besides equities, where do you want to invest your money and receive a cash return if not in equities?

What is your opinion, Ladies and Gentlemen, as Anton did, please share your thoughts, ideas and/or experiences with me and my readers, but please don’t forget (instead of hitting the reply button) to send your messages to:

smk@incrementum.li

Many thanks, indeed!

And now, Ladies and Gentlemen I wish you a great day and weekend.

Kind regards.

Yours truly,

Stefan M. Kremeth
Wealth Management
Incrementum AG

DIE NULLZINSFALLE

Interview mit Rahim Taghizadegan zum neuen Buch „Die Nullzinsfalle. Wie die Wirtschaft zombifiziert und die Gesellschaft gespalten wird“, das er gemeinsam mit Ronald Stöferle und Gregor Hochreiter geschrieben hat.

Die Autoren analysieren in ihrem Buch die wirtschaftlichen und gesellschaftlichen Folgen der Nullzinspolitik. Das nachfolgende Interview behandelt vor allem die Auswirkungen auf das menschliche Verhalten.

Inescapable Realities of Prosperity

Dear Ladies and Gentlemen
 
One of my readers sent me a link to an article he published on LinkedIn. I think the article is fundamentally sound, proposes some of his very personal interesting ideas and assumptions and is well written. I have thus asked him permission to publish his article or the link to his article in my weekly mail and was granted that. Thank you very much for sharing your knowledge and thoughts, Anton!
 
Now, the original title of the article is: “Energy, Productivity & Debt – Inescapable Realities of Prosperity” and the original article with some illustrating charts and graphs can be found under the following link:
 
https://www.linkedin.com/pulse/energy-productivity-debt-inescapable-realities-anton-f-balint/
 
I highly recommend reading the original article. However, one or the other passage may need some second reading especially for non-native English speakers, I think it is worth it.
 
What is your opinion, Ladies and Gentlemen, as Anton did, please share your thoughts, ideas and/or experiences with me and my readers, but please don’t forget (instead of hitting the reply button) to send your messages to:
 
smk@incrementum.li
 
Many thanks, indeed!
 
And now, Ladies and Gentlemen I wish you a great day and weekend.
Kind regards.

Yours truly,

Stefan M. Kremeth
Wealth Management
Incrementum AG