Interview with Ronald-Peter Stferle: Monetary Tectonics and Gold

My exclusive interview with Ronald-Peter Stferle, Incrementum Liechtenstein AG, co-author of the In Gold we Trust 2014 report.
‘We are currently on a journey to the outer reaches of the monetary universe. We believe that the monetary experiments currently underway will have numerous unintended consequences, the extent of which is difficult to gauge today. Gold, as the antagonist of unbacked paper currencies, remains an excellent hedge against rising price inflation and worst-case scenarios.
The tug-of-war between a deflationary debt liquidation and politically induced price inflation is well and alive. Last year we coined the term ‘monetary tectonics’ which describes the battle between these powerful forces. An excellent indicator for the interaction between inflation and deflation is the gold/silver ratio. One could therefore also refer to the gold-silver ratio as the ‘deflation/reflation’ ratio.’
We will be discussing these topics and much more with Mr. Stferle.


This post was published at Gold Broker on Sep 8, 2014.