We continue to buy Gold in small amount monthly

Even though a small amount but we have been consistent.  Gold spiked up from USD 1200 low for months to USD 1240 after US employment report suggest a possibly delay in rate hike.

We are not sure why speculators are thinking this relationship even Yellen clearly stated the need to raise rate for regularisation.  Low rates has negative implications. If the economy is going to weak again.  Fiscal policies will be the future tools.

However, no matter if both direction. Gold is still subject to rally and we believe it will go back to 1500 and above.  We don’t really invest Gold but we believe if there is a major crash under way.  You will have full fire power to buy into the market.   Be it financial crash due to recession or even climate changes disaster.

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