The Liechtenstein Financial Market Authority (FMA) has given the go-ahead for Schaan boutique Incrementum to launch a cryptocurrency fund called Crypto One.
Category: Research
Incrementum Crypto Research Report – October Edition
Dear Ladies and Gentlemen
Our Crypto-Team just published the latest issue of the Incrementum Crypto Research Report, please have a look at it:
Bitcoin has entered its third bear market that has lasted over six months. The year-to-date return is roughly -50 %, although, the year-over-year return is about +150 %. This edition concludes our first year of publications, and we are excited to embark on our second year of writing the Crypto Research Report with our newest Premium Partner, Bitpanda, one of the largest cryptocurrency brokerages in the world.
Exclusive interview with Liechtenstein’s Prime Minister, Adrian Hasler: Liechtenstein’s new “Blockchain Gesetz” describes how tangible assets can be tokenized and traded on public blockchains. The world’s first regulated security token was approved by Liechtenstein regulators in September.
Smart Contracts: Utility coins underperformed payment coins during the last year; however, some utility coins have a bright future. In our Coin Corner chapter, we compare Ethereum, NEO, and the newly released EOS. Despite a rocky launch, EOS’ strong legal and development team in the U.S. is garnering investor attention.
How to Value a Cryptocurrency’s Fundamental Value: Our network calculations overwhelmingly indicate that the cryptocurrency market is still overbought, and according to this valuation method further corrections could be ahead.
The Incrementum Crypto Research Report can be downloaded from the following links:
Crypto Research Report – (73 pages) – English
Crypto Research Report – (81 pages) – Deutsch
And now, Ladies and Gentlemen, please keep on sharing your thoughts and ideas with me. Please feel encouraged to do so but please don’t forget (instead of hitting the reply button) to send your messages to:
smk@incrementum.li
Ladies and Gentlemen I wish you a great day and weekend.
Kind regards.
Yours truly,
Stefan M. Kremeth
Wealth Management
Incrementum AG
Tel.: +423 237 26 60
Cell: +41 79 303 48 39
Im alten Riet 102
9494 Schaan/Liechtenstein
Mail: smk@incrementum.li
Web: www.incrementum.li
Chartbook “In Gold we Trust 2018“
In Gold we Trust Chartbook 2018
Dear Ladies and Gentlemen,
We are proud that our 12th annual “In Gold we Trust” report was very well received and disseminated to more than 1.7 million people.
Obviously, not all our readers had time to read the entire 220+ pages. We therefore decided to put together a compendium of some of the most compelling charts and important conclusions of the report. Of course, we also had a look at the current technical setup of the gold price.
Some of the key takeaways of our new chartbook are:
A turn of the tide in monetary policy: 10 year liquidty party is ending due to QT and rising interest rates.
A turn of the tide in the global monetary architecture: De-Dollarization is real. Trade and currency wars might be the consequence
A turn of tide in technological process: cryptocurrencies and gold are friends, not foes
Gold’s status quo: Heavily skewed risk/reward-profile after capitulation selling. CoT report offers best setup in 17 years. USD 1,180 is a crucial support level.
The chartbook can be downloaded below.
Have a great day and please do not hesitate to contact us if you should have any questions!
Yours truly,
Ronald-Peter Stoeferle and Mark J. Valek
Incrementum AG
Im alten Riet 102
9494 Schaan/Liechtenstein
Mail: ingoldwetrust@incrementum.li
Web: www.incrementum.li
Interview with Jay Taylor
In the interview with Jay Taylor, Ronald-Peter Stöferle explains why gold has been in such a tepid market with historically low interest rates and massive amounts of printing press money in circulation.
Why Bitcoin Is Technically an Inflationary Currency—Even Though Its Purchasing Power Is Increasing
Our crypto-researcher Demelza Hays explains in her article the inflationary effect of Bitcoin.
De-dollarisation has far-reaching consequences
In this article, Ronald-Peter Stöferle from the Liechtenstein asset management company Incrementum deals with the far-reaching consequences of various countries turning away from the dollar.
How would F.A. Hayek judge the cryptocurrencies
Ronald-Peter Stöferle explains that with cryptocurrencies such as Bitcoin, a currency competition in the sense of Friedrich August von Hayek is now possible.
Currency Competition & Digital Money: How Current is Hayek’s Proposal?
In this article, Demelza Hays describes Hayek’s vision on state money monopoly and discusses whether cryptocurrencies could be regarded as an effective solution of Hayek’s private money competition proposal on overcoming the permanent abuse of the state money monopoly.
Demelza Hays: Researcher on the Cutting Edge of Cryptocurrencies
Our outstanding Researcher and Junior Fund Manager was featured in the latest Alumni Spotlight by the MUMA College of Business at the University of South Florida. Find the original article below:
In Gold we Trust Report 2018
Dear investors and friends,
We are delighted to send you the 12th edition of our annual “In Gold we Trust” report titled “Gold and the Turning of the Monetary Tides”. The report’s Leitmotif of the turning of the tide refers to three fundamental changes that are currently unfolding:
1) Change of the tide in monetary policy: the reversal from QE to QT will lead to a net decrease in central bank liquidity. This is the first big crash test for financial markets in a decade.
2) Change of the tide in the global monetary order: In 2008 central banks turned from net-sellers of gold to net-buyers. China, India, Russia and Turkey are the big official players these days. This is just one aspect of the big trend towards de-dollarization. Gold will play a major role in the multi-polar monetary order of the future.
3) Change of the tide in technology: Crypto currencies and the blockchain-technology have come to stay. Gold and cryptocurrencies are not foes, but friends. In fact, a collaborative approach would play to the strengths of both. The first gold-based cryptocurrencies are underway as we speak.
Further key topics and takeaways of the report:
- Quo Vadis, Aurum?
- Inflation vs. Deflation – The Big Showdown?
- Precious Metals Shares – More Than Silver Lining?
- China – the global economy’s Sword of Damocles?
- Exclusive interview with Luke Gromen: “The dollar appears to be in Zugzwang!”
- Exclusive interview with Dr. Richard Zundritsch, FA Hayek’s nephew: “Hayek would prefer gold to Bitcoin”
We would like to invite you to join us on our annual journey and hope that you will enjoy reading our 12th “In Gold we Trust” report as much as we enjoyed writing it. Have a great day and please do not hesitate to contact us, if you should have any questions!
Yours truly,
Ronald-Peter Stoeferle & Mark J. Valek
Incrementum AG