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Journal

All #nonInflatable Advisory Board Gold and Silver IASF / Seasonal Reflections In the Press Inflation Diversifier Fund Presentation Research Stefan's Weekly worth knowing
Dr. Stefan M. KremethHans G. SchiefenIncrementum AGRonald-Peter StöferleMark J. ValekJeannine GrassingerDr. Christian Schärer

December 2023

  • December 8, 2023

    Time Confetti / What Is The Price You Are Willing To Pay

    Good Morning Ladies and Gentlemen   “Prophets are best spoken to 10 years later.” Willi Ritschard, member of the Swiss Federal Council between 1973 – 1983 Time Confetti Time confetti (a term coined by Brigid Schulte, the director of the Better Life Lab at New America and formerly a staff writer for The Washington Post for nearly 17 years) is […]

November 2023

  • November 17, 2023

    Non-Performing Miners / Why Pension Schemes Matter

    Good Morning Ladies and Gentlemen   “We can guarantee cash benefits as far out and at whatever size you like, but we cannot guarantee their purchasing power.” Alan Greenspan Why miners are not performing Ladies and Gentlemen, we were asked why miners were not performing. You know, we, too, are unhappy about the performance of […]

  • November 3, 2023

    Tenacity

    Good Morning Ladies and Gentlemen   “The stuff your dreams are made of is not tearproof.” Simone Lappert Tenacity: my favourite definitions An example of tenacity is the ability to keep doing something challenging despite obstacles or setbacks. Another example of tenacity is the determination to continue pursuing a goal or a dream, even when […]

  • November 10, 2023

    Winston Churchill / Incrementum Year-End Competition 2023-Edition

    Good Morning Ladies and Gentlemen   “If you are going through hell, keep going.” attributed to Winston Churchill Update It is time for an update to our «Incrementum Year-End Competition 2023-Edition». The last update dates back a few months, and Q3 was a challenging quarter for most market participants, leading even to fearful comments among […]

October 2023

  • October 13, 2023

    Interest Rate Ups and Downs

    Good Morning Ladies and Gentlemen   “If term premiums rise, they could do some of the work of cooling the economy for us, leaving less need for additional monetary policy tightening.”  Lorie K. Logan, president and chief executive officer of the Federal Reserve Bank of Dallas   What is happening? Although it seems that the […]

  • October 27, 2023

    Crazy

    Good Morning Ladies and Gentlemen   “If term premiums rise, they could do some of the work of cooling the economy for us, leaving less need for additional monetary policy tightening.”  Lorie K. Logan, president and chief executive officer of the Federal Reserve Bank of Dallas   What is happening? Although it seems that the […]

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