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Stoferle sees negative interest rates supporting gold
2:18p ET Thursday, June 27, 2013
Dear Friend of GATA and Gold:
The new analysis of the gold market by Ronald-Peter Stoferle, managing director of the Incrementum AG investment house in Lichtenstein and adviser to Erste Group in Vienna, concludes that despite the recent smashing of the gold price, "Due to the high levels of debt, nominal interest rates must remain near zero and real interest rates negative, providing a solid foundation for future gold price increases."
Stoferel's analysis is posted in PDF format at Incrementum's Internet site here:
http://www.incrementum.li/research-analysis/in-gold-we-trust-2013/
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
Jim Sinclair to hold seminars in July
in Chicago, Vancouver, and Scottsdale
Mining entrepreneur and gold trader Jim Sinclair is planning three more seminars on his view of the markets and gold's prospects -- in Chicago on Monday, July 8, in Vancouver on Wednesday, July 10, and in Scottsdale, Arizona, on Friday, July 12. Details can be found at his Internet site, JSMineSet.com, here:
http://www.jsmineset.com/2013/06/13/chicago-vancouver-and-scottsdale-qa-...
Join GATA here:
Liberty Mastermind Symposium
Double Tree Hotel, Dallas-Fort Worth Airport
Friday-Saturday, June 28-29, 2013
http://www.libertymastermind.us/
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http://gata.org/node/wallstreetjournal
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