February 7, 2011
GENEVA: Switzerland’s Palaedino Group and Euroasia Investment have unveiled plans to store and manage gold in Singapore, for ultra-wealthy clients who have lost confidence in banks and paper money. Their venture, Swiss Precious Metals, will store gold in the high-security Singapore FreePort facility and launch the SPM Gold Index to assess its value against a [...]
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December 13, 2010
Recently, many big investors such as hedge funds have opted not to invest in profitable companies with expanding businesses, which could have reaped them some handsome dividends. Instead, they have chosen to keep the bulk of their assets in a somewhat anachronistic investment, hardly in keeping with modern times – gold. Their new-found enthusiasm for [...]
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Are you paying too much for your gold?
March 17, 2011With investors moving assets to what they regard as safer stores of value that can withstand potential monetary debasement, gold has emerged as a prominent investment category. With the emergence of the exchange traded fund (ETF), investors can now access the same exposures while benefiting from the cost efficiency and liquidity of an exchange traded [...]