“We Can Hit Gold $2300 in The Next 12 months” says Fund Manager Ronald-Peter Stoeferle
Fund Manager and Co-Author of the In Gold We Trust report Ronald Stoeferle believes the gold price will reach all-time highs, in USD terms, in the next 12 months. Stoeferle discusses a number of topics from the 2023 edition of the IGWT report. These topics include: where interest rates are headed, why Japan hasn’t seen much inflation despite high levels of QE, 2022 gold consumption and much more.
Ronald Stoeferle is a Fund Manager for Incrementum and is an expert in all things gold related. IGWT is a must read for all gold investors – https://www.incrementum.li/en/ingoldwetrust-report/
Brian Leni’s website and newsletter
0:00 Introduction
0:44 Threat of further interest rate hikes in 2023 is merely verbal posturing or is it a real threat?
3:31 Breaking point between rising interest rates to quell inflation and government spending?
6:35 Crack up Boom scenario?
8:30 Is gold exceeding price expectations today?
10:33 If monetary inflation equals inflation, why has it taken decades for Japan to see it?
13:52 Gold consumption in 2022 – prelude to gold backed BRIC currency?
20:12 Does the petro-Yuan’s convertibility into gold have an effect on price?
22:50 East versus West is it really U.S. versus China?
27:41 What does it mean to have a gold backed currency in the future?
30:11 What will be the factor that brings CBDCs into use?
32:14 Why is a US CBDC a threat to the current USD system?
35:02 Where is the gold price headed?