- Investment Postcards from Cape Town - http://www.investmentpostcards.com -

Face to face with Ronald-Peter Stöferle on gold

Posted By Prieur du Plessis On November 18, 2011 @ 9:50 am In Gold,Investment | No Comments


In this interview, Ronald-Peter Stöferle, gold analyst at Erste Bank [1], and James Turk, director of the GoldMoney Foundation [2], discuss Stöferle’s “In Gold we trust [3]” report.

Stöferle asks whether real interest rates have turned positive or structural debt problems have been solved … in the absence of such a development the positive fundamentals are well in place for gold. The lack of counterparty risk is an important quality of gold, which gives it an advantage over fiat currencies.

He explains that he is very confident on gold mining companies because they provide leverage on the price of gold, especially the juniors. However he is not bullish on mining stocks in the very short term, since he is bearish on the stock market and has not yet seen gold miners decoupling from the crowd.

This interview was recorded on October 1, 2011 in Vienna. (The transcript of a more recent interview with Mineweb is here [4].)

Source: GoldMoney [5] (via YouTube [6]), November 14, 2011.

Did you enjoy this post? If so, click here to subscribe to updates to Investment Postcards from Cape Town by e-mail. [7]

More on this topic (What's this?) [8]
Why I “Hope” Gold Prices Crash [9] (Learn Mining News, 1/4/12)
Why the Gold Slump is Not Over [10] (Investment U, 1/9/12)
Why I’m Taking Gold Double-Eagles on My Next Trip to Utah [11] (Money Morning, 2/14/12)
Read more on Gold [12] at Wikinvest [13]

Article printed from Investment Postcards from Cape Town: http://www.investmentpostcards.com

URL to article: http://www.investmentpostcards.com/2011/11/18/face-to-face-with-ronald-peter-stoferle-on-gold/

URLs in this post:

[1] Erste Bank: http://www.erstegroup.com/

[2] GoldMoney Foundation: http://www.goldmoney.com/goldmoney-foundation/home.html

[3] In Gold we trust: http://www.gata.org/files/ErsteGroupGoldReport-07-04-2011.pdf

[4] here: http://www.mineweb.com/mineweb/view/mineweb/en/page96985?oid=139754&sn=2010+Detail&pid=96985

[5] GoldMoney: http://www.goldmoney.com/video/stoeferle-turk-vienna.html?gmrefcode=gata

[6] YouTube: http://youtu.be/AHR_BH9Qhro

[7] Did you enjoy this post? If so, click here to subscribe to updates to Investment Postcards from Cape Town by e-mail.: http://www.feedburner.com/fb/a/emailverifySubmit?feedId=921608&loc=en_US

[8] (What's this?): http://www.wikinvest.com/blogger/wikinvest_wire

[9] Why I “Hope” Gold Prices Crash: http://livegoldprices.com/why-i-hope-gold-prices-crash

[10] Why the Gold Slump is Not Over: http://www.investmentu.com/2012/January/why-gold-slump-not-over.html

[11] Why I’m Taking Gold Double-Eagles on My Next Trip to Utah: https://moneymorning.com/2012/02/14/why-im-taking-gold-double-eagles-on-my-next-trip-to-utah

[12] Gold: http://www.wikinvest.com/commodity/Gold

[13] Wikinvest: http://www.wikinvest.com

Copyright © 2008 Investment Postcards from Cape Town. All rights reserved.