Ronald-Peter Stoeferle: Gold is Volvo, Bitcoin is Ducati

Stoeferle

Ronald-Peter Stoeferle, Austrian investor and managing partner and fund manager of Incrementum AG, was recently interviewed by Kitco News, where he gave his insight on cryptocurrencies and gold. During the interview, he also presented several arguments for his view. Let’s take a look at them. Ronald-Peter Stoeferle: Bitcoin is Ducati The investor believes that the

What you need to know about the monetary system – Part 1 History

gold, zlato, monetary

The monetary system we live in can seem very complex. This is understandable as it has evolved over many years and there are many things that can confuse people. So let’s take a look at what you need to know about the monetary system. The gold standard The gold standard was a way of expressing

Can age play a role in how you understand cryptocurrencies?

financial

Is it possible that age can have an impact on understanding cryptocurrencies? Surveys and studies show that cryptocurrencies tend to be preferred by people from the younger generation. So, if someone doesn’t understand cryptocurrencies, could they basically just be old? Let’s take a look at this. Age can play a role Cryptocurrencies have been moving

3 main rules for beginner investors

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In many of our articles that ended with a golden rule when we have recommended investments as a way to let your money work for you and to beat inflation. So it’s time we brought you an article on how to invest, what principles you need to follow to avoid losing your money. Let’s take

Bitcoin is ahead of gold, is there still time to invest?

invest, Grayscale, week 35

Bitcoin and gold, two assets that people invest in looking for security against inflation. If you’re investing in Bitcoin, you’ve probably heard of it as a digital gold. But the truth is that Bitcoin is well ahead of gold. How is it possible? Let’s take a look at how Bitcoin and gold are doing. Why

Which form of money could be the right one?

money, week 14

There are many forms of money in the world. You have traditional paper money, digital money and cryptocurrency money here. In today’s increasingly digital world, it is important to know the finances around us. If we look back at our history, we find that money has already taken many forms, and it all started with

Peter Schiff explained, why Bitcoin is no match for gold

Peter Schiff

Gold bug Peter Schiff explained on his Twitter why investors are currently looking at Bitcoin rather than gold. However, his opinion is still the same – Bitcoin is no match for gold. Let’s take a look why Peter Schiff has this opinion. Accepted with skepticism Peter Schiff is a well-known critic of Bitcoin and many

Gold is rising, why are investors investing in it?

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Surely you have noticed that the price of gold has risen sharply. But have you thought about why? Let’s take a look at why the price of gold is rising like this. The third peak since 1971 If you’ve ever invested in gold, you know it doesn’t pay any interest. However, at a time of

Will fiat money cease to exist in one genenration?

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Although people do not see this development yet, fiat money will probably not survive the next generation and will be replaced by some form of digital currency. Let’s see if and how this scenario is possible. More and more people believe in digital currencies Recently, more and more people are inclined to claim that in

If stagflation is coming, how can digital currencies help?

inflation, stagflation, overview week 45

There is a growing fear of stagflation in the world, and many investors are turning their attention to Bitcoin and other digital currencies. It has been said many times that coronavirus has huge impacts on the global economy, and states are making every effort to mitigate the effects. Some attempts work better than others. Unfortunately,

Generation decides about investments into either Bitcoin or gold

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It seems that investment decisions depend very much on the generation, or else when the investor was born. Gold and Bitcoins are a popular choice for both older and younger investors. Price increases Prices of both asset classes, Bitcoin and gold, are rising. This is despite the coronavirus crisis. Investors are looking at both assets

What is behind the rally in gold, silver and Bitcoin?

gold, money

The current rally gold, silver and Bitcoin may be related to the money printing from the Fed. Let’s see how it can relate to each other and what can we learn from it. Growing correlation On the same day that the price of gold rose to USD 2,055, the price of BTC climbed to USD