https://kaibaumgartner.com/en/blog/ Thoughts, articles and essays by Kai Baumgartner and the Baumgartner Capital team on investment, sound money, precious metals, technology and entrepreneurship. en Copyright 2026 Baumgartner Capital, LLC Tue, 04 Aug 2026 16:00:00 +0200 1440 https://kaibaumgartner.com/en/blog/#blog-2026-08-03 kaibaumgartner-blog-en-2026-08-03 Mon, 03 Aug 2026 00:00:00 +0200 Kai Baumgartner Liechtenstein Cybersecurity The cyberattack on Liechtenstein’s Register of Beneficial Owners is more than an IT incident: it is a test of the country’s institutional credibility and its ability to protect legitimate privacy. https://kaibaumgartner.com/en/blog/#blog-2026-07-15 kaibaumgartner-blog-en-2026-07-15 Wed, 15 Jul 2026 00:00:00 +0200 Kai Baumgartner Markets Gold M&A The European precious-metals market is entering a new phase of consolidation as scale, regulation, digital transformation and institutional demand reshape competitive advantage. https://kaibaumgartner.com/en/blog/#blog-2025-10-25 kaibaumgartner-blog-en-2025-10-25 Sat, 25 Oct 2025 00:00:00 +0200 Kai Baumgartner Markets Gold An examination of the imbalance between paper claims on gold and physical availability, including delivery, counterparty and market-structure risks. https://kaibaumgartner.com/en/blog/#blog-2025-10-15 kaibaumgartner-blog-en-2025-10-15 Wed, 15 Oct 2025 00:00:00 +0200 Kai Baumgartner IMF Gold A loss of confidence in central banks ultimately concerns confidence in government debt and the monetary promises held on their balance sheets. https://kaibaumgartner.com/en/blog/#blog-2025-01-01 kaibaumgartner-blog-en-2025-01-01 Wed, 01 Jan 2025 00:00:00 +0100 Kai Baumgartner IMF Gold Standard Article IV, Section 2(b) of the IMF’s statutes explicitly excludes gold as a denominator for member-state currency arrangements. https://kaibaumgartner.com/en/blog/#blog-2024-10-22 kaibaumgartner-blog-en-2024-10-22 Tue, 22 Oct 2024 00:00:00 +0200 Kai Baumgartner Currency Liechtenstein The Princely House of Liechtenstein has historically favoured monetary stability, sound money and the role of gold as a currency anchor. https://kaibaumgartner.com/en/blog/#blog-2024-10-21 kaibaumgartner-blog-en-2024-10-21-imf Mon, 21 Oct 2024 00:00:00 +0200 Kai Baumgartner IMF Liechtenstein Liechtenstein officially became the 191st member of the International Monetary Fund on 21 October 2024. https://kaibaumgartner.com/en/blog/#blog-2021-03-01 kaibaumgartner-blog-en-2021-03-01 Mon, 01 Mar 2021 00:00:00 +0100 Kai Baumgartner Commodities Silver Silver combines monetary optionality with strategic industrial demand from solar energy, semiconductors, electric vehicles, medical technology and defence. https://kaibaumgartner.com/en/blog/#blog-2021-02-01 kaibaumgartner-blog-en-2021-02-01 Mon, 01 Feb 2021 00:00:00 +0100 Kai Baumgartner Currency Gold Gold has functioned as money for thousands of years and remains a monetary asset with comparatively low devaluation, confiscation and counterparty risk. https://kaibaumgartner.com/en/blog/#blog-2021-01-01 kaibaumgartner-blog-en-2021-01-01 Fri, 01 Jan 2021 00:00:00 +0100 Kai Baumgartner Currency Gold Standard Sound money combines value stability, scarcity, acceptance, fungibility, transportability, durability and independence from political manipulation. https://kaibaumgartner.com/en/blog/#blog-2020-01-01 kaibaumgartner-blog-en-2020-01-01 Wed, 01 Jan 2020 00:00:00 +0100 Kai Baumgartner Currency Investment Countries with stronger currencies and less interventionist economic policies provide more attractive conditions for long-term venture-capital investment.