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Sunday, July 29, 2012

Invest in gold

Should you invest a certain portion of your portfolio in gold? My view is "yes". Read my comments in http://easyapps.sg/assn/Org/Information.aspx?id=5

Posting in FISCA.sg
I agree with the recommendation of this analyst to invest 10% to 30% in gold, as a hedge against the possible turmoil in the financial market. As the price of gold is 15% below its recent peak (US$1,900), it is quite a safe entry point

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