Fund Manager, Author of "In Gold we Trust report" & "Austrian School for Investors", Proud father of 3. Suffering fan of Rapid Wien. Tweets ≠ investment advice
Hike talk is back, and gold holders have felt every hot inflation print this year.
@RonStoeferle at the Precious Metals Summit Zurich: Volcker had a bazooka when US debt was 26% of GDP. Warsh has a water pistol with debt above 100%, so the Fed can't hike for long.
Tudor Gold Expands Footprint of Treaty Creek’s Perfectstorm Zone with Drill Results Intersecting High-Grade Gold, 9.00 g/t Gold Over 9.50 meters, including 43.29 g/t Gold Over 1.20 meters, Down-dip from High-Grade Surface Samples:https://t.co/SkOkv5eyra
Tudor Gold Expands Footprint of Treaty Creek's Perfectstorm Zone with Drill Results Intersecting High-Grade Gold, 9.00 g/t Gold Over 9.50 meters, including 43.29 g/t Gold Over 1.20 meters, Down-dip from High-Grade Surface Samples $TUD.V https://t.co/mdDY1tNdyR
Rome, two days before my birthday. Water cannon in the street, haute couture behind chipboard.
Inflation looks a lot less abstract outside the spreadsheet... 👇
https://t.co/BEKsRRG8J6
The dollar you use every day was once backed by gold, and the US still has the gold.
To back the monetary base with it again, even at 25%, gold would need to be USD 5,200 an ounce. At 100%, USD 21,000.
@RonStoeferle on the page Washington may write NEXT. Read below.
Europe and its politics: a mood killer at every dinner party…. However, markets tell a different story: the broad STOXX 600 is at an all-time high, up ~15% YTD and well ahead of US peers….
Your gold took Tuesday's hot inflation print and a stronger dollar, and still closed above USD 4,000.
Gold futures settled at USD 4,030 as October CPI beat forecasts and the dollar index rose 0.6%.
Gold just had its worst October since 2008.
@RonStoeferle had called a capitulation low within days, and it came on 30 October. Now he is sitting through the games, and this week's Sound Money Report shows how.
Keynote day in Zurich. @RonStoeferle walked the Precious Metals Summit through The Gold Almanac: Back to the Monetary Future, and the room got the message.
Where we're going, we don't need roads. We need gold.
@RonStoeferle Great presentation! And i dont care how young you are, who hasnt watched Back to the future? It should be mandatory, just like owning gold.
Keynote day in Zurich. @RonStoeferle walked the Precious Metals Summit through The Gold Almanac: Back to the Monetary Future, and the room got the message.
Where we're going, we don't need roads. We need gold.
Europe, and in particular Germany, is in trouble.
The hope was that a mild winter via Super El Niño would bail them out. What’s actually playing out is one of the fastest draws of the last ten years.
Every copy of the In Gold We Trust Report 2026 compact edition at the Precious Metals Summit in Zurich is gone. Thanks to everyone who picked one up.
Missed it? Find @RonStoeferle there anyway.
The US still books its gold at USD 42.22 an ounce, fixed in 1973.
As @RonStoeferle told @DenGoldGroup's Mining Forum, it is "the largest unrealized gain on any sovereign balance sheet in the world."
Missed Denver? Catch him at the Precious Metals Summit in Zurich this week.