Losing GBP exposed Gold’s ultimate function
GBP’s loss this year has highlighted gold’s function “as a financial insurance and excellent hedge against fiat money and muddled central bankers.”
GBP’s loss this year has highlighted gold’s function “as a financial insurance and excellent hedge against fiat money and muddled central bankers.”
FB poll among Singapore stock market investors show most favour buying stocks if interest rates go to negative. This rush to yield explains why stock markets are rallying.
Hong Kong Monetary Authority and People’s Bank of China created offshore Renminbi CNH to give investors outside China exposure to its currency. In Singapore there are ways to trade/invest in the Chinese currency.