In Gold We Trust: The Dawning of a Golden Decade – Live with Ronald-Peter Stoeferle

Published on
October 14th, 2020
Duration
64 minutes

Weather Changes, Natural Cycle Synchronicity, and Soft Commodities – Live with Shawn Hackett


In Gold We Trust: The Dawning of a Golden Decade – Live with Ronald-Peter Stoeferle

Live ·
Featuring Ronald-Peter Stoeferle

Published on: October 14th, 2020 • Duration: 64 minutes

Real Vision editor, Max Wiethe, is joined by Ronald-Peter Stöferle, managing partner at Incrementum, to discuss how monetary policy normalization has failed and what that means for gold, silver, and mining stocks over the coming years. Stöferle explains how the coronavirus pandemic has accelerated an overdue recession that will usher in a new monetary era with the Fed's shift toward average inflation targeting. Gold, silver, and mining stocks, he argues, will directly benefit from this regime shift, and he describes the price action he is projecting for precious metals in this inflationary environment. Read up on Stöferle's latest report, "The Dawning of a Golden Decade": https://rvtv.io/2GXJP5S. To access Stöferle’s chart deck, click here: https://rvtv.io/371pyae.

Comments

Transcript

  • NL
    Nikola L.
    22 October 2020 @ 08:56
    NST took over SAR in Australia.. to your point Max.
  • RU
    Robin U.
    20 October 2020 @ 18:49
    very interesting! why is the report not available to plus members when the interview is? thanks
    • MW
      Max W. | Real Vision
      20 October 2020 @ 21:05
      It is: https://www.realvision.com/issues/the-dawning-of-a-golden-decade?source_collection=9281de53a77f4bf7b6bfcd74eeaee864
  • DT
    David T.
    20 October 2020 @ 20:16
    There was nothing new in this interview and nothing that Peter Schiff has not been saying for last 20 years.
  • JF
    Jess F.
    15 October 2020 @ 19:14
    A question for Max. I assume RV is data driven, you state that the current flu vaccines are 50% effective, would you care to link me to a scientific study, not narrative, that leads you to this conclusion.
    • MW
      Max W. | Real Vision
      15 October 2020 @ 19:55
      https://www.cdc.gov/flu/vaccines-work/effectiveness-studies.htm It looks like 50% is generous in some years.
    • BM
      Brian M.
      15 October 2020 @ 19:57
      https://www.cdc.gov/flu/vaccines-work/effectiveness-studies.htm
    • MW
      Max W. | Real Vision
      15 October 2020 @ 19:58
      Preliminary data for last season (2019-2020) has a 95% confidence interval ranging from 32%-45% effectiveness.
    • DS
      David S.
      16 October 2020 @ 02:37
      Max. How effective are the annual vaccines against the targeted viruses in the vaccines? Sorry, I cannot look up your references now. DLS
    • MW
      Max W. | Real Vision
      16 October 2020 @ 05:09
      The way the data is presented they have all vaccine types and they break it down by contracted virus. A good example is in the study done for 2018-2019 effectiveness. 48% of cases in the study contracted the Influenza A (H1N1)pdm09 virus. Effectiveness for all vaccines against that virus was 37-51%. Another 48% of case were the Influenza A (H3N2) virus. Effectiveness for all vaccines was -4%-20% effective. Influenza B strains were so few in number that the range was -12%-62%. Influenza A was "the flu" that year and the best you could expect was about 50% chance no matter what you took. I get where you were going with your question though. I'd argue the reason they do the data this way is because it's impossible to know what will be the important strain. I'm sure the same is true for COVID, so you can't assume we are able to determine the one strain that is the important one to target and design a vaccine to target that one strain.
    • JF
      Jess F.
      16 October 2020 @ 05:14
      Dear Max, I have trouble accepting anything coming out of the CDC as 'Science'
    • JF
      Jess F.
      16 October 2020 @ 05:20
      But thankyou for your response, This is a can of worms, and can take us down several rabbit holes.
    • DS
      David S.
      19 October 2020 @ 13:22
      Max W. - Thanks for your response. Even 50% is better than no vaccine. I think we will be social distancing for a good while. Socially this is going to affect the population below 50 the most. I wish them the best. DLS
  • dw
    douglas w.
    19 October 2020 @ 06:02
    Ronnie is awesome! Always balanced, thorough and entertaining!
  • TO
    Truls O.
    18 October 2020 @ 20:42
    is his fund listed?
  • PP
    Patrick P.
    16 October 2020 @ 12:35
    Gold ... one of the best investments since 1971 .... (Nixon off the Gold Standard) IMO will only get better. .https://www.macrotrends.net/1333/historical-gold-prices-100-year-chart
  • JS
    John S.
    16 October 2020 @ 05:34
    Lining up for a vaccine! After you Max - let us know how it works out for you
    • TC
      Thomas C.
      16 October 2020 @ 10:39
      You're brave. You really should not need it at your age
  • AI
    Andras I.
    16 October 2020 @ 03:25
    Liked - if anything, a little bit superficial in the interview but then the report makes it Plus worthy. Thanks! About the first half of the interview: With positions aligned to these views, still I feel raising some doubts would be more useful than a lot of wishful thinking akin to the BTC community, seeking out every little sign to tell us why we're in an extremely bullish: * (hyper) inflation for sure - he didn't say this but many did * "printer goes BRR" * "the institutions are coming!" * money waiting to rotate from other assets (US-T->gold...or gold->BTC) * "price action crates price action" * "Warren Buffet buying" (Paul Tudor Jones buying) * end game: losing trust in the monetary system Luckily the second half turned out better, especially the pullback signaling/inflation metrics part was more useful. I'll take the time to read the report, hoping to find more contradictory/contrasted views in there! RV: Please bring a similarly serious Goldbär too (can be short term too)! I would love to see them stomping on gold.
    • MW
      Max W. | Real Vision
      16 October 2020 @ 04:00
      Thanks for the feedback. I think report + interview will be a big part of the Plus Tier moving forward, with reports being put out ahead of time to help viewers come up with the questions and determine if they wan't to tune in live or wait for the replay. I'd love to bring some smart gold bears on to really challenge everyone (including myself).
    • AI
      Andras I.
      16 October 2020 @ 04:09
      Reports are a great added value for Plus - probably also for the presenter, they can present a more elaborate view but also represent the quality of research they offer or distribute to their investors. Thanks Max, looking forward to your grizzly fight!
    • AB
      Alastair B.
      16 October 2020 @ 04:15
      Max - the report + interview format has been great. Please continue this.
  • DS
    David S.
    16 October 2020 @ 01:05
    Mr. Hackett is well prepared and consistent in his outlook. Mr. Wiethe continues to draw out opinions on possible trades - thanks. Since I am in the precious metals echo chamber, I agreed with most of the interview. I also agree with Mr. Stoeferle that all the QE etc. has distorted everything to some extent. There is one small point. If the distortions are not linear, the ratios will also be distorted. They might help tell the story, but they are also less reliable compared to history. Thanks again for an interesting interview. DLS
  • DM
    Dominic M.
    16 October 2020 @ 00:57
    10/10 conversation - thank you, both.
  • DS
    David S.
    16 October 2020 @ 00:49
    I believe precious metals will prove to be a strong investment as fiat currencies continue to be printed at lightning speed. Without the MMT given to Americans in the second quarter, I think the US would be in the insolvency phase now. It is only a matter of time before the insolvency phase grips the US and the world economy. My focus is the panic when the financial markets realize the possible extent of insolvencies and governments react to these insolvencies. This is complicated by the continued pandemic and predictable non-compliant populations. The combination makes the next year dangerous and unpredictable. My bias is that everything will go down and cash will be king during the first phase. This was reinforced with Mr. Gundlach’s possible reasonable portfolio of 50% cash, 25% gold and 25% equities. It is the extent of the panic that will determine financial markets. I would like to listen to a RV interview with someone with a financial orientation discussing financial markets in past panics. What happened to markets as the panic sets in? What happened to markets as the panic continues? What happened to markets as the panic subsides? DLS
  • SB
    Stewart B.
    15 October 2020 @ 18:34
    Great interview. Everything a gold bug would want to hear :) Given it takes a reasonably constant amount of energy to get an Oz of gold out of the ground, a discussion on the gold to crude oil ratio is worthwhile too.
    • JE
      Jonathan E.
      15 October 2020 @ 19:03
      Agreed I would be very interested to hear views on oil price correlation to gold and silver right now. Both from a physical metals and miners perspective.
    • RL
      Robert L.
      15 October 2020 @ 21:44
      I'm very confident in the long term trajectory for Gold but at some point energy cost will bite us on the butt. Would like to see some thinking on when that comes into play.
  • GS
    Gerold S.
    15 October 2020 @ 21:42
    https://www.visualcapitalist.com/worlds-gold-and-silver-coin-production/ This is importend to. All over the World People have to know. CB People are weak...
  • EH
    Eric H.
    15 October 2020 @ 21:07
    Curious to get your thoughts on how/if you think increased algo based trading could affect the speed of the overall move of some of the equities vs past bull markets?