Why More Singaporeans Need to Become ‘Gold Diggers’
By iMoney - Singapore  •  July 21, 2014

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The global economic collapse took no prisoners when it nearly sent the financial system into the dark ages. The aftermath of this debacle saw several powerful central banks pumping in billions of dollars as economic stimulus, thereby leading to a huge shortfall in money supplies.

As a result, dollar values have been subjected to tremendous volatility and precious metals like gold and silver have caught the eyes of skeptical investors as reliable hedges against the failing monetary policies. Over the past few years, Singapore has become one of the hottest gold investment destinations in the world. This growth can be attributed to the low personal taxation, strong dollar performance, business-friendly trade laws and a stable political climate.

Gold bars imported from Hong Kong, Australia, Japan and Switzerland, are exported to highly profitable gold-consuming markets across Southeast Asia and India.

The Resurgence of the Singaporean Gold Investment Market & Why You ...

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By iMoney - Singapore
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