Year-End Competition

Dear Ladies and Gentlemen

For those who have joined our readers recently, every year, I am organising a year-end competition in guessing for example the price of gold, silver, crude oil, the SMI or the S&P 500 Index.

Predictions

Regularly, I receive emails from readers asking me where I think the price of gold would be at the end of the year or the SMI or interest rates or the price of silver. Those who follow my weekly emails frequently will know, that I would not say I like making predictions.

Invitation

However, from time to time, I am happy to tell you what I think may happen just for fun, and since we are in August already, it is time for our traditional year-end competition. Like I did in the past, I invite you to compete with all the other readers and myself, and as always, the winner will receive one ounce of silver in the form of a silver coin. If the winner stems from within Incrementum or my family. I am happy to send a one-ounce silver coin also to the second in place.

Former Winners

The list of former winners includes an old friend from university, a client, a former fund manager and value specialist from London and regular readers. So far, no family members and none of my partners were close enough to be called winners. It is difficult if not impossible to guess the future and yet I am looking forward to your bets!

Gold, Bitcoin, S&P 500

Now, Ladies and Gentlemen, I suppose we try to guess the year-end price for one ounce of gold in USD, the S&P 500 and (for the first time) Bitcoin in USD. All cash, no futures. The closest one wins the silver coin. The year-end prices will be taken from this page:
https://marktdaten.fuw.ch/.

Ladies and Gentlemen, what do you think? What is your best guess for the year-end prices of gold, the S&P 500 and Bitcoin. As always, please share your opinion with me, but please do not forget (instead of hitting the reply button) to send your messages to: smk@incrementum.li.

Many thanks, indeed!

I wish you an excellent start to the day, a wonderful weekend, and above all, good health!

Yours truly,

Stefan M. Kremeth