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

Liechtenstein/Austria
20 years. 20,000+ hours. 20+ people. The 20th anniversary In Gold We Trust report is here. 🪙 I genuinely don't know many documents with more capital, love and devotion poured into them. Everything on #Gold, #Silver, #Bitcoin, #Commodities, #SoundMoney, #AustrianEconomics — and yes, a few questionable sports analogies. Huge thanks to @MarkValek and to our brilliant guest authors: @izakaminska @michaeljmcnair @judyshel @LukeGromen @ctindale @BullionBrief @TedJButler and many more! 👉 ingoldwetrust.report/wp-cont…
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Gold Fields looking to Buy Northern Star- Bloomberg news but no details yet….
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Ronnie Stoeferle retweeted
The problem for the Fed is that you can't hike your way out of bad fiscal policy. All the hikes now priced may have stopped - for now - questions about Fed credibility, but the 10y10y forward Treasury yield is higher than a month ago. This isn't working... robinjbrooks.substack.com/p/…
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Ronnie Stoeferle retweeted
Leading Gold Miners - Newmont, Barrick, Agnico and AngloGold: Cash balances have reached new record highs. The major gold miners have never had more cash, less net debt, or better balance sheets than they do today. 💰🥇
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Always a highlight of conference season: sitting down with these wonderful people to talk books, stocks and everything in between.
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Ronnie Stoeferle retweeted
Gold at USD 8,900 by 2030. We put that in our 2020 report, if inflation became a problem this decade... people called it crazy. The ounce you hold now needs about 16% a year to get there. @RonStoeferle tells @PaulHarrisGold at @KitcoMining why he calls that pretty realistic.
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Sweep?
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Masterclass by @ttmygh at #PreciousSummitBC2026. Grant remains the benchmark for keynotes: Champions League, year after year!
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Ronnie Stoeferle retweeted
This is still shaping up to be the biggest story of the second half of October. If these probabilities hold, the market is DEMANDING a rate hike on October 28th, a week before the midterms. Trump will lose it, and Warsh will become the new Jay Powell. If these probabilities hold, it means the market has lost patience with the Fed's easy policy over the last two years, which is why long-term yields rose during a 2024 to 2026 easing cycle for the first time in 50+ years (see the repost below). If the Fed sits idle while the market prices in a rate hike, long-term yields could spike off the top of the page. Of course, payrolls, CPI, retail sales, or Q3 earnings could disappoint, and that probability could drop to well under 50%. But if it doesn't, Warsh might be in an impossible situation.
1/2 Wall Street overwhelmingly believes the Fed will NOT hike on October 28, as it is a week before midterm election day. Makes sense... so why is the market still pricing in a >50% chance of a hike?
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Ronnie Stoeferle retweeted
Will the bond market end humanity before AI?
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A few printed copies of „Back to the Monetary Future“ left! #PreciousSummitBC2026
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Pow! "Trust is being repriced" says @RonStoeferle @KitcoMining, In Gold We Trust Report and AI, Gold’s Remonetization Thesis, Central Banks and Gold’s Return, Trust, Repatriation & Geopolitics, Bond Market Stress, Revaluing US Gold Reserves & more. piped.video/watch?v=orUlBZ9I…
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Ronnie Stoeferle retweeted
Live look at the Treasury trying to stop Yields
Barchart
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Mood check from Beaver Creek: the global bond sell-off is hitting gold, silver and miners hard. Next up: the policy reaction function….Time to find out whether Bessent really owns the house….. #PreciousSummitBC2026 #BeaverCreek #PMS
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👇👇👇
Apple raised the iPhone price 6.3% this year, yet in gold the phone in your pocket still got cheaper. The iPhone 18 Pro Max with 1 TB costs 0.38 ounces, under half the 0.92 of the original in 2007. The iPhone and the In Gold We Trust Report hit their 20th edition this year!
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So steep, high and just awesome…
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If you learned that gold falls when real yields rise, check the last four years. Real yields turned positive in April 2022 and have climbed since. Gold rose anyway, because reserve demand became the dominant marginal driver. The 10-year is now the highest since 2007.
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Ronnie Stoeferle retweeted
In your grandparents' day, under Bretton Woods, gold was about 60% of global reserves. Central banks hold almost as many ounces, yet gold's share is far lower, as everything else they hold, led by Treasuries, grew even faster. The chapter calls that gap room for reallocation.
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RT @TruthGundlach: The dilemma: If the Fed hikes it will worsen the interest expense problem (since so much borrowing is at the short end)…
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Global bond markets are blowing up. It feels to me like the crowd that tells us this isn't about fiscal stress is the same crowd that was rearranging the deckchairs on the Titanic. You think it's AI investment driving yields in France and Italy vertical? robinjbrooks.substack.com/p/…
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