Ronald-Peter (Ronnie) Stöferle is an Austrian Managing Partner and Fund manager at Incrementum AG, based in the Principality of Liechtenstein. The company focusses on asset management and wealth management and is one hundred percent owned by its partners. Ronald manages a fund that invests based on the principles of the Austrian School of Economics.

He is the Author of the annual In Gold We Trust-report, one of the most comprehensive gold studies worldwide, published since 2014 and read all over the world. The title of this year’s report, published in May, is “Stagflation 2.0”.

Before becoming partner at Incrementum, he worked in the research department of Vienna-based Erste Group, where he started writing about gold in 2006. He gained media attention after forecasting that the price of gold would rise to USD 2,300/ounce at a time when the price was only at USD 500.

In 2014, he co-authored a book on investing based on the Austrian School of Economics. The English version of the book “Austrian School for Investors – Austrian Investing between Inflation and Deflation” was published in fall 2015.

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In this this episode of the Brussels Report podcast, BrusselsReport.eu editor Pieter Cleppe discusses the following topics with him:

– The “In Gold we Trust” report

– To what extent can inflation be blamed on Central Banks and to what extent on the energy crisis, the war and the Covid lockdown fall-out?

– Should we expect material interest rate hikes by the ECB, given how this may cause the break-up of the common European currency?

– The expectation for silver prices, assuming energy prices will remain high, which seems to be a troubling aspect of silver mining

– Should ordinary savers put a percentage of their wealth in crypto? Or should they play it safe and stick with gold?

– How risky is it to invest in government bonds, even assuming interest rates may rise in the next 10 years globally?