In 2020, Warren Buffett's Berkshire Hathaway bought a top gold stock.* In Q2 2020, Ray Dalio's hedge fund bought $400 billion in gold.** Institutional investors are moving into gold and 2020 "gold is becoming mainstream again," says Ronni St??ferle.
Will the U.S. see inflation or deflation? Ronni says the economy on the surface looks good, but the underlying situation is dire. We are already seeing asset price inflation. Next to come is price inflation. He says central banks will try to move inflation higher. "The deflationary paradigm," he says, "is changing now."
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.