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3) AUDSGD (Link for AUD posts)
4) CNYSGD Closed TP 0.208 ( Link for CNYSGD posts)
5) Fullerton SGD Heritage Income Class B ( Link )
6) Global X Uranium ETF Long ( Link )
8) BGF China Bond Fund A6 Hedged (SGD) (Link)
7) US Stock Trade (Link)

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None of the information contained in this Blog or Video constitutes an offer (or solicitation of an offer) to buy or sell any currency, product or financial instrument, to make any investments, or to participate in any particular trading strategy.

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Next Market Crash Stocks Accumulate LIst

Next Market Crash Stocks Accumulate LIst

Intrinsive Value Tracking

Saturday, November 08, 2008

Will Fortune Favour The Brave In This Climate?

Mr George: Gold is at US$730 per ounce today. My expectation is that the price will be three times higher - that is, between US$2,000 and US$2,500 per ounce - in 2010 to 2012. The reason is simply that the amount of paper money created in order to stave off the crisis and reflate the banking system will take about 18 months to feed through into inflation, and that the value of the US$ will again fall sharply as a result. In addition, low or even zero interest rates will favour gold and other commodities. I also expect oil to rebound from the current low levels to at least US$200 within 2-3 years.
Safe Haven | Will Fortune Favour The Brave In This Climate?
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