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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
Stefan Markus KremethHans G. SchiefenIncrementum AGRonald StöferleMark Justin ValekJeannine GrassingerDr. Christian Schärer

October 2025

  • October 10, 2025

    Hype Eventually Meets Reality and Fluctuating Fortunes Versus Stability in Uncertainty

    Good Morning Ladies and Gentlemen ”Rapid revenue growth tomorrow is the only reason investors are willing to look past falling free cash flows today.” Jesse Felder   While market sentiment and market valuations are essential considerations, one can also quantify price movements themselves and their potential implications. A recent study from Harvard revealed that when a […]

  • October 17, 2025

    Update: 2025 Year-End Competition

    Good Morning Ladies and Gentlemen ”That is very, very unusual; since 2005, only the rebounds after the Global Financial Crisis and Covid-19 have had bigger five-month rallies — and they both followed much deeper initial selloffs.” John Authers   As the prices of precious metals have increased substantially, interest rates have exhibited remarkable stability. On […]

  • October 3, 2025

    Economic and Corporate Landscape and Some Trends

    Good Morning Ladies and Gentlemen ”No matter how many warnings are issued or how many laws are written, people will find new ways to believe that the good times can last forever.” Andrew Ross Sorkin   The equally weighted S&P 500 index has exhibited a sideways movement since the conclusion of July. In contrast, the […]

September 2025

  • September 26, 2025

    Two Kinds of Gold; Concluding Article in our Series on Wealth

    Good Morning Ladies and Gentlemen ”To love or have loved, that is enough. Ask nothing further. There exists no other pearl to be discovered within the dark folds of life.” Victor Hugo, Les Misérables   Welcome to the concluding article in our series on the intriguing topic of wealth. In our previous three articles, we have […]

  • September 12, 2025

    2025 Year-End Competition; an Update

    Good Morning Ladies and Gentlemen ”The greatest mistake you can make in life is to be continually fearing you will make one.” Elbert Hubbard    The first article in our series exploring a broader conceptualisation of wealth was published in Executive Global Magazine. Just in case you feel like spending a moment reading it, feel […]

  • September 19, 2025

    From Interest Rate Cuts to Constraints in Diplomacy

    Good Morning Ladies and Gentlemen ”In the real world, nothing happens at the right place and time. It is the job of journalists and historians to correct that.” Mark Twain    The Financial Times reported that for individuals purchasing health insurance in the U.S. through government exchanges, the median increase in 2026 is 18%, more […]

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