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Ronni Stoeferle


Upon graduation, he joined Erste Group, where in 2007 he published his first In Gold We Trust report. Over the years, this report has become the industry’s benchmark publication on gold, currencies, and inflation.

Since 2013, Ronni has held the position as reader at Scholarium in Vienna. In 2014, he co-authored the international bestseller “Austrian School for Investors,” and in 2019 “Die Nullzinsfalle” (The Zero Interest Rate Trap). He is an advisor for Tudor Gold Corp, a significant explorer in British Columbia’s Golden Triangle and a member of the advisory board of Affinity Metals.

Ronni is married and the proud father of three daughters. He spends his spare time with his family, watching and playing football, running, and at classical concerts.

Insights & Articles

5 Raisons Pour Un Nouveau « Playbook » Sur l'

5 Reasons for a New Gold Playbook

The rise in the gold price this spring 2024 was undoubtedly spectacular. In just a few weeks, the gold price rose by almost 20% in USD terms, with a gain of 21.7% for the first half of the year as a w...

Ronni Stoeferle / July 11, 2024

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Ronni's Article on Gold

The biggest misconception with regard to gold – High stock-to-flow ratio is the most important characteristic of gold

In recent weeks, gold has reached new all-time highs in many currencies, including the US dollar, the euro and the Swiss franc. We want to take the euphoric mood among gold investors as an opportunity...

Ronni Stoeferle / April 4, 2024

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Ronnie Article 2024 GoldSwitzerland

2024 – A Year in which Social Tensions Will Deepen further: Anecdotal Evidence of Three Worldviews

In Europe, many countries have been seething since 2015, when the first major wave of refugees reached Germany and Austria in particular. In the US, it was the election of Donald Trump as President in...

Ronni Stoeferle / January 11, 2024

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Select 5 Signs that Gold Will increasingly Flow to the East 5 Signs that Gold Will increasingly Flow to the East

5 Signs that Gold Will increasingly Flow to the East

The reshaping of the world economy and the global (political) order is in full swing. It is a long process, the concrete outcome of which is uncertain in advance and associated with numerous impondera...

Ronni Stoeferle / October 13, 2023

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Recession ante Portas: Which Assets Perform Well in Recessions?

It is considered the most anticipated recession of all time – the one looming in the US. And although countless indicators ranging from the yield curve, the Leading Economic Index (LEI) and PMIs to pr...

Ronni Stoeferle / July 4, 2023

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Showdown on the Markets – in 5 Charts

There is a good reason why the Chinese understand the saying “May you live in exciting times!” as a curse. Economic and (geo)political developments in recent weeks and months have indeed been exciting...

Ronni Stoeferle / April 13, 2023

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5 Reasons Why Gold Is Green

A closer look reveals beyond doubt that, contrary to a multitude of reports and prejudices spread by the media, gold can already be classified as a very sustainable investment in the sense of the ESG...

Ronni Stoeferle / January 13, 2023

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5 Reasons why the Classic 60/40 Portfolio Is History and Gold Is Becoming More Important in the Portfolio

Gold has largely been able to cushion stock price losses during recessions. For bonds, the classic equity diversifier, on the other hand, things look less good. High levels of debt, the zombification...

Ronni Stoeferle / November 12, 2022

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5 Reasons Why Interest Rate Cuts Are Already Around the Corner

Given the record high inflation, real interest rates are still clearly negative, giving the impression that the current global cycle of interest rate hikes is far from reaching its end. But this con...

Ronni Stoeferle / July 21, 2022

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World Monetary System

Why Gold Will Benefit from the Inevitable Reshaping of the International Monetary System

February 27, 2022, will go down in economic history as a major caesura, an epochal turning point. On February 27, the member states of the European Union declared Russia's currency reserves unusable....

Ronni Stoeferle / April 15, 2022

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