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Ronald-Peter Stöferle



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50 Slides for Gold Bulls – The New Incrementum Chart Book

October 25, 2016

Who is Incrementum?
Incrementum AG is an owner-managed and fully licensed asset manager & wealth manager based in the Principality of Liechtenstein. Our business focus is the management of investment funds that we believe to be unique.

Our Conviction
Due to structural over-indebtedness and the resulting addiction to low/negative real interest rates, we believe that the traditional approach to financial markets and asset management is no longer beneficial for investors.

Therefore, at Incrementum we evaluate all our investments not only from the perspective of the global economy but also in the context of the current state of the global monetary regime. This analysis produces what we consider a truly holistic view of the state of financial markets.

Financial markets have become highly dependent on central bank policies. Grasping the consequences of the interplay between monetary inflation and deflation is crucial for prudent investors.

We believe that the Austrian School of Economics provides us with an appropriate intellectual foundation for our investment assessment and decisions, especially in this demanding financial and economic environment.

                                       Ronald-Peter Stöferle, Mark J.

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