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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 KremethIncrementum AGHans G. SchiefenRonald StöferleMark Justin ValekJeannine GrassingerDr. Christian Schärer

October 2025

  • October 24, 2025

    Quarterly Report for Private Clients: An Analytical Overview

    Good Morning Ladies and Gentlemen ”It is time for a new generation of leadership to cope with new problems and new opportunities.” John F. Kennedy   We prepare a comprehensive report for our private clients every quarter. As we transition into the fourth quarter and continue our established practice, I am pleased to share the latest […]

  • 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 31, 2025

    From U.S. Interest Rates to the Hidden Costs of Sanctions: A Quick Dive into Economic Dynamics

    Good Morning Ladies and Gentlemen ”First class business in a first class way.” Pierpont Morgan, Jr   Online search trends for “day trading class” have skyrocketed by 700% in the past three months, reaching an all-time high. In contrast, gold has experienced a remarkable increase of 58% in the calendar year 2025 thus far, marking […]

  • 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 […]

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