Gold is embarking on a broad-based, decade-long bull market, and it's not a matter of if prices hit all-time highs but when it hits all-time highs, said one of the authors behind the annual 'In Gold We Trust' report.
In an interview with Kitco News, Ronald-Peter Stoeferle, fund manager at Incrementum AG, said that a new monetary policy regime of low interest rates and high inflation is expected to drive gold prices to nearly $5,000 an ounce in the next 10 years.
Ronald-Peter St??ferle is Managing Partner and Fund manager at Incrementum AG, based in the Principality of Liechtenstein. The company focusses on asset management and wealth management and is one hundred percent owned by its partners. Ronald manages a fund that invests based on the principles of the Austrian School of Economics.