Why Gold and Bitcoin are "Brothers In Arms" In The Fight Against Fiat Money | Ronald Stoeferle

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Ronald Stoeferle unveils the profound revelations of the "In Gold We Trust" report, shedding light on the shifting tides in the gold market and its pivotal role in the turbulent economic and geopolitical landscape.

We discussed the performance of gold against the backdrop of stocks, bonds, commodities, and how soaring global debt levels are solidifying gold's status as the ultimate safe haven asset.
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Quotes from Ronald Stoeferle:

Showdown in the Gold World: "There's a showdown happening when it comes to politics, east versus west de dollarization. There's a showdown when it comes to the economy. How much longer can the economy really deal with those high interest rate levels? And there's a showdown in the price of gold itself, because back then gold was still in this kind of sideways pattern and hasn't made new all time highs in us dollar terms yet."

Market Concentration and Volatility: "We've seen that until beginning of June, Nvidia, just Nvidia was responsible for 25% of the whole profits in the S and P 500, and the Mac seven were responsible for 50% of all the gains in the S and P. So we have seen this enormous amount of concentration. So the ten largest us stocks by market cap, they were actually responsible for 14% of total global market cap, which is significantly higher than in March 2000, where it was just 9.9%."

Inflation Rates and the Federal Reserve: "They won the fight. But from my point of view, this is also due to some technical drivers, the base effect also due to the fact that obviously, recessions are always disinflationary or deflationary. So it would be premature to say, okay, inflation, the whole inflation story is over. I think it will come back."

Inflation Considerations in Portfolio Construction: "Inflation will continue to be one of the most important things to consider for portfolio construction."

Central Banks and Monetary Policies: "I think there will be new monetary stimulus in the next crisis, be it quantitative easing, be it yield curve control or some new models that probably will sound very, very sophisticated. But I think that central banks will continue with their very asymmetrical policies."

Mastering the New Gold Playbook: "And you know the saying that offense wins games, but defense wins championships. But I think this also fits to the mining space where I think we all know that they offer tremendous upside. But actually, if you're a long only manager and you don't get the cycle right, then you will still be experiencing a drawdown of 60, 70, 80% in a bear market."

Rethinking Investment Strategies: "From our point of view, if inflation will remain a topic and if markets will start questioning the debt levels of industrialized nations, then we think we should perhaps reconsider this portfolio construction."

Bitcoin's Progress and Future: "And teenagers tend to be, let's say, volatile or wild and different to grown ups. But I think that that bitcoin has made enormous progress over the last couple of months, especially with the bitcoin ETF's now in the United States."
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In Gold we Trust 2024 – Full version:
https://ingoldwetrust.report/download...
In Gold we Trust 2024 – Compact version:
https://ingoldwetrust.report/download...
Video with all highlights of the report:
   • The New Gold Playbook | In Gold We Trust r...  
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TIMESTAMPS:
00:00 Report highlights significant implications of gold.
06:07 Tech stocks drive market turbulence and reorganization.
10:52 US debt rising, requiring lower rates.
13:13 Fiscal stimulus falls, potential for zero rates.
15:42 Inflation's impact on portfolios in a globalized market.
22:07 Updating traditional 60-40 portfolio with new analysis.
27:07 Gold and bitcoin performance discussed, fiscal concerns raised.
29:42 Gold and bitcoin are undervalued, scarce assets.
32:44 Emerging markets and gold industry's positive narrative.
36:15 Silver's potential compared to failed sports talents.
39:31 Green energy growth prompts cautious silver shift.
43:13 Expresses deep gratitude for presence and contribution.
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#gold #silver #bitcoin #preciousmetals #investing