Advisory Board Discussion Q4 2017 – Narratives, De-Dollarization and Inflation

Dear investors, friends and clients,

 

We recently had our quarterly advisory board discussion with special guest Ben Hunt, author of Epsilon Theory, a newsletter and website that examines markets through the lenses of game theory and history.

 

What we talked about during the call:

  • How Quantitative Tightening will actually be inflationary, rather than deflationary
  • How narratives, not reality, drive markets
  • Why the US might go to war with North Korea in Q1 2018
  • How and when de-dollarization will happen

 

Why you should read it:

There is no shortage of market analysis and commentary, most of which is noise. Our goal is to analyse the big picture and present the holistic view.

 

Thank you for being a loyal reader!

 

Kind regards from Liechtenstein,

 

Ronald-Peter Stoeferle and Mark J. Valek