In Gold We Trust Report 2021 – Monetary climate change
SCHAAN, Liechtenstein and VIENNA, May 27, 2021 / PRNewswire / – Enabled May 27, 2021, this year We believe in gold The report was presented at an international press conference, which was broadcast live on the Internet. The authors of the report are fund managers Ronald-Peter Stoeferle and Mark Valek of Liechtensteinasset management company based Incrementum AG.
The 340 pages We believe in gold report is world famous and has been dubbed the ‘gold standard of gold studies’ speak The Wall Street Journal. Last year’s edition has been downloaded and shared over 2 million times. This makes the We believe in gold report, published by 15e this year, one of the most widely read gold studies internationally. In addition to the German and English versions, the report has also been published in Chinese since 2019.
the In gold we trust report 2021 focuses on these topics:
► Gold status quo: price evolution over the last 12 months, important influencing factors and trends in the gold market.
► The facets of “ monetary climate change ”
- Why the current surge in inflation is not temporary
- Inflation as a risk for equity and bond markets
- Reduction of public debt thanks to “ control of the yield curve ”
► Are raw materials at the start of a new supercycle?
► 2021 dedollarization: Europe buy gold, China opens a digital facade
► Analysis of a combined gold / Bitcoin investment strategy
► The Silver Decade
► A dive into the undervaluation of the mining sector
Additional chapters on the following topics:
► An interview with an economic historian Russell napier why he went from the deflation camp to the inflation camp.
► On the occasion of the 50th anniversary of the “temporary” closure of the Golden Window, the blogger “FOFOA” presents his point of view on the Nixon shock.
► American analyst Lyn alden contributes to a guest editorial on the long-term debt cycle.
► Robert breedlove, one of the most respected philosophers in the Bitcoin sphere, exposes his take on gold through an exploration of the question “What is silver?”
Key messages from We believe in gold report 2021
- A monetary climate change emerges.
The term describes the multi-level paradigm shift triggered by the pandemic and the policy responses to it. Profound changes in fiscal and monetary policy will have tangible consequences for the monetary system and, ultimately, for the people.
- Rising inflation rates won’t pass anytime soon
At the center of Western central bank rhetoric about the dynamics of inflation is a term: temporary. In our opinion, the current rise in inflation rates heralds a fundamental trend reversal and we will see the introduction of “yield curve control” by central banks.
- Real interest rates will remain negative for years to come.
The market environment favors real assets. In particular, stocks of certain sectors, commodities and precious metals should have a proportionately high weight in a portfolio.
- Money: the main winner of monetary and weather climate change?
The basic situation of supply and demand looks very solid. Many of the currently massively promoted “green” technologies require money. A longer term inflationary period – which we anticipate due to monetary climate change – could further provide a massive increase in the price of silver.
- Gold and silver mining stocks remain very interesting portfolio additions.
In 2020, the gold mining industry recorded its most profitable year in its history. While the price of gold hit new all-time highs last year, the valuation of gold mining companies does not yet reflect their sharp increase in profitability. We expect gold mining companies to generate record cash flows in 2021 and beyond.
- Cryptocurrencies will not replace physical gold as an investment.
Due to its unique properties, physical gold will continue to play a basic role in asset investing in the future. Nonetheless, the importance of cryptocurrencies and digital assets will increase, especially due to monetary climate change. Portfolios with precious metals and exposure to crypto can improve the risk / reward potential for investors.
- Technical analysis
The Coppock indicator generated a long-term buy signal for gold at the end of 2015. The formation of long-term cup handles, which could now subside soon, appears particularly interesting. The price objective of this training is $ 2,700.
- Gold price in 2030: 4,800 USD; 2021 new absolute record
We are sticking to last year’s forecast for the USD gold price at the end of the decade. For our conservative base case, we have issued a price target of $ 4,800; in an inflationary scenario, even 8,900 USD is in the realm of the possible. Based on the implied expectations of the gold options market, we see a 45% chance that gold will hit a new all-time USD high as soon as possible. December 2021.
Incrementum AG is an independent investment and asset management company based in the Principality of Liechtenstein. The company was founded in 2013. Independence and autonomy are the cornerstones of our philosophy, which is why the company is 100% owned by its 5 partners.
Ronald-Peter Stoeferle: [email protected]
Mark Valek: [email protected]
Press information (photos, press release): ingoldwetrust.report/press/
This publication is for informational purposes only and does not constitute investment advice, investment analysis or an invitation to buy or sell financial instruments. In particular, the document is not intended to replace individual investments or other advice. The information in this publication is based on the state of knowledge at the time of preparation and is subject to change at any time without notice.
The authors have taken the greatest possible care in selecting the sources of information they use, but assume no responsibility (nor does Incrementum AG) for the accuracy, completeness or timeliness of the information. or sources of information provided, or any liability or damages of any kind arising therefrom (including consequential or indirect damages, loss of profits or the occurrence of forecasts made)
SOURCE Incrementum AG