Ronald-Peter Stoeferle has written the annual In Gold We Trust report for well over a decade. Since 2013 it has been co-authored by his partner Mark Valek.

It provides a “holistic“ assessment of the gold sector and the most important factors influencing it, including real interest rates, opportunity costs, debt, central bank policy etc.

The report is considered required reading for anyone interested in the precious metal market.



"Arguably, the In Gold We Trust report is the most comprehensive analysis of the global political economy through the lens of the Austrian School of economic thought. A unique perspective on gold, with some fantastic charts and always an enjoyable read."

- John Reade

Chief Market Strategist of the World Gold Council