Sunday, June 05, 2016

Ronald Stoeferle: 
In Gold We Trust 2016 
– Gold Headed for $2,300
Palisade Radio .. Is the current pull back a correction in a new bull market or is this a fake rally? Will price inflation keep rising? Will we see stagflation going forward? What effect will Federal Reserve interventions have on the markets? Are we moving to a cashless society? What is gold's role in the permanent portfolio? These are some of the questions that will be addressed in this year's In GOLD we TRUST Report, set to be released on June 28th ..  thinks this rally is the real deal. He sees an enormous amount of opportunity in mining stocks. There is a lot of money waiting on the sidelines keeping a close watch & likely to pile in when gold rises again, especially when gold rises to $1,500 or $1,600. Ronald sees gold possibly reaching $2,300 & currently an overall asymmetrical risk reward ratio exists in favor of gold stocks .. Negative interest rates have been widely implemented & the Federal Reserve is likely to follow suit. Negative rates are positive for gold but unfortunately destructive for general prosperity. These measures designed to avoid recession only serve to postpone & worsen it when it finally does come .. 24 minutes

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