Tong Kooi Ong blogs Time to buy Gold?
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Tong Kooi Ong blogs Time to buy Gold?
Tong Kooi Ong blogs Time to buy Gold? |
Business & Markets 2014 |
Written by Tong Kooi Ong of theedgemalaysia.com |
Thursday, 13 March 2014 18:06 |
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IN THIS week’s The Edge Malaysia, we suggest that it may be time to consider putting a small percentage of one’s portfolio into the yellow metal, as a hedge against rising risk broadband.
Equity markets have generally done very well, from emerging markets to the United States. So have fixed income instruments. But likely rise in global interest rates, albeit gradually, may be capping these potentials.
Geo-political tensions in South China Sea and Europe suggest some risk diversification is reasonable.
Finally, net long positions in gold by hedge funds and money managers have increased in recent weeks, as reported by the US Commodity Futures Trading Commission.
Read The Edge this week for the complete analysis.
Tong Kooi Ong is executive chairman of The Edge Media Group. Feedback is welcomed at [You must be registered and logged in to see this link.].
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