Ronnie’s Publications

Has the gold price reached its peak, or is it in a bubble similar to the early 1980s? Is a significant correction on the horizon, or are there strong reasons to believe that gold is not yet extremely...

Ronnie Stoeferle / October 15, 2024

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...

Ronnie Stoeferle / July 11, 2024

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...

Ronnie Stoeferle / April 4, 2024

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...

Ronnie Stoeferle / January 11, 2024

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...

Ronnie Stoeferle / October 13, 2023

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...

Ronnie Stoeferle / July 4, 2023

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...

Ronnie Stoeferle / April 13, 2023

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...

Ronnie Stoeferle / January 13, 2023

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...

Ronnie Stoeferle / November 12, 2022

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...

Ronnie Stoeferle / July 21, 2022