Gold should have its time after September due to annual cyclic, while the recent price drop did provide sufficient space for the price to rise. As we can see easily that the US housing market is not going to stable until mid next year, therefore the economic won't be better until later next year.
There is a lot of signs that the housing market in Asia is going to correction as well. Investors in Shanghai and Singapore are selling their apartments to lock profits but they find it quite difficult to sell it high. Singapore might be better but most people think the housing price will drop in the next 1-2 years. A real estate guru here also suggested me to buy apartments after 1-2 years when the price hit the bottom.
Currently, holding Gold will be safest way to invest money to my opinion. Other commodities are also good to have.
There is a lot of signs that the housing market in Asia is going to correction as well. Investors in Shanghai and Singapore are selling their apartments to lock profits but they find it quite difficult to sell it high. Singapore might be better but most people think the housing price will drop in the next 1-2 years. A real estate guru here also suggested me to buy apartments after 1-2 years when the price hit the bottom.
Currently, holding Gold will be safest way to invest money to my opinion. Other commodities are also good to have.
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