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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
Incrementum AGStefan Markus KremethHans G. SchiefenRonald StöferleMark Justin ValekJeannine GrassingerDr. Christian Schärer

January 2020

  • January 23, 2020

    New Product

    Dear Ladies and Gentlemen Today I would like to introduce you to a new product, which one of my partners will be launching for Incrementum in due course. I truly hope you don’t mind, but I think the product is interesting, even if only available to professional investors. Please enjoy the following truly concise introduction […]

  • January 10, 2020

    Year-End Competition …and the winner is…

    Dear Ladies and Gentlemen! Welcome in 2020! May 2020 be a prosperous, an interesting and a friendly one for all of us. Today I am happy to announce the winner of our year-end competition. The goal was to guess the year-end prices for one ounce of gold in USD, for the S&P 500 and for one ounce […]

  • January 31, 2020

    Financial Crisis Yes or No, Readers’ Views / Collective Outrage

    Dear Ladies and Gentlemen Today I would like to share some readers’ feedback on my question from two weeks ago: “are we going to see another Great Financial Crisis, or will we see perfect markets for another decade? Now, the consensus certainly is going into the somewhat expected direction of “difficult markets”. One of the […]

  • January 17, 2020

    Recession Free Decade

    Dear Ladies and Gentlemen Who would have thought that right after the Great Financial Crisis we would see the first decade ever without a U.S. recession? More than ten years have passed since the end of the last U.S. recession, which happened in July 2009. The decade that just ended is actually the first one […]

May 2019

  • May 24, 2019

    There is no magic!

    Dear Ladies and Gentlemen There is no magic! Financial well-being and prosperity need a minimum amount of economic growth. You know, I received a fair amount of positive feedback to Anton’s article on increased productivity and economic growth thanks to cheap and all time readily available (fossil) energy and again, Ladies and Gentlemen, there is […]

  • May 31, 2019

    Gold in the Age of Eroding Trust

    Dear Ladies and Gentlemen   They did it again! As every year, my partners Ronni Stöferle and Mark Valek have invested a considerable amount of time into what we believe to be the most extensive research piece that has ever been written on gold.   The narrative of this year’s edition is “Gold in the […]

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