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MacroVoices #326 Ronnie Stoeferle: In Gold We Trust 2022

Macro Voices

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Is Cripto Taking the Market Share?

Stag flation we saw in the 19 seventies produced incredible returns for gold. There's very strong arguments to say that stag flation, two point o, as ronni calls it, is coming back. This is been playing out for a while. Normally, markets tend to lead and anticipate the data. And what we're seeing here is the data's already come in and pretty much proven all the things that were predicted to take the gold price over three thousand bucks,. It hasn't happened yet. So what's going on? Is cripto stealing the market share? Is it some else? I don't know. Anyway, let's move on to this week's post

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