Year-End Competition Update

Dear Ladies and Gentlemen

Time for an update on our year-end competition. The estimates are wide-spread; this is great and makes it more fun than if everybody is around the same numbers.

Gold:

The highest estimate comes from Hannes. His estimate for the 2020 year-end price stands at USD 2’000. The lowest estimate comes from myself, and I know this is rather provocative, but it is just for fun, after all. My estimate is a year-end price of USD 1’280.

Silver:

The highest estimate comes from Barbara. Her estimate for the 2020 year-end price stands at USD 45. The lowest estimate comes from Mark, and his estimate is a year-end price of USD 14.50.

S&P 500:

The highest estimate comes from Barbara again. She seems slightly bullish; her estimate for the 2020 year-end price stands at 4’500. The lowest estimate comes from John, and he estimates a year-end price of 2’100.

Currently (at the time when I was writing this message) Gold stands at USD 1’720, Silver at USD 17.76, and the S&P at 3’107.

If there are still readers out there who would like to participate, please feel free to send me a quick email and I will be happy to take you on the list. Don’t forget, you may win a one-ounce Silver coin.

Moreover, now, Ladies and Gentlemen, I wish you a good start into the day, a wonderful weekend, and above all, good health!

Yours truly,

Stefan M. Kremeth
Wealth Management
Incrementum AG

Tel.: +423 237 26 60
Cell: +41 79 303 48 39
Im alten Riet 102
9494 Schaan/Liechtenstein