Headline - Bonds, Dollar and Gold Sale
As the Global markets continue the search for safety from debt contagion in Western economies money continues to move into Bonds, Dollars & Gold. We see a key reversal this week after Black Friday as Global Equities and the Euro get bought.
Of course listening to main stream media it is always hard to know where to invest. I concur with Marc Faber who I believe is a rational voice in a sea of media sensationalism. Gold, Asian Equities, Real Estate or Asian REITs, resource rich economies, creditor nations, high performing Asian currencies a generally well diversified portfolio.
Many Asian currencies are offering 14% interest in deposit accounts while not outperforming Gold which is up 500% since 2010 if you gotta hold paper there ARE currencies that are attractive. Contact me if you'd like more info on how to invest.
According to Dr. Faber bonds are not a good investment. You can learn more about our bond short strategy, various commodity investments and leveraged Gold & Silver investments in our premium newsletter. Click below for a free trial.
Marc's latest interview is here and well worth listening to.
Banks are buying Gold. Governments are buying Gold. Russia officially added 19.5 tons of Gold to reserves in October alone. Hedge funds are buying Gold. The general public continues to hold bank and government produced fiat paper currency of ever decreasing value decided
The depreciation of the Euro is the European Governments combined effort of forcing the poor to pay the gambling debts of the rich. Of course as the Euro & the Dollar go down all the other major currencies have to go down to stay competitive so everyone hoding FIAT currencies pay. This is why some of the smaller asian currencies are outperforming and offering large deposit interest thay are safer bets.
I am still very bullish on Gold more than anything and continue to buy on the dips like the one we are seeing at the moment. This is why at G Aurum Pte. Ltd. we recommend that you open an account in advance so that when the dips come you can buy immediately over the phone and avail of the discounts.
To celebrate Black Friday at G Aurum Pte. Ltd. Singapore www.g-aurum.comwe have a 5% discount off the local market price and free vault storage for one year for all Gold & Silver purchased by our newsletter subscribers until Friday the 2nd December or until Gold goes above $1750 which ever happens first.
Email admin@g-aurum.com and quote: "below 1750" to avail of our crazy offer.
Yours Sinceerly,
Robert McManus
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