Invest in Gold and KISS US Dollar bye bye

There is a few ways to invest your money in Gold:-

1) Buy physical Gold coin.

2) Invest in SGX ETF Gold (GLD 10US$).

3) invest in US market on those Gold ETF:-

a) PowerShares DB US Dollar Bearish Fund (UDN)

b) PowerShares DB Gold Double Long (DGP)

c) Market Vectors Gold Miners ETF (GDX)

Once the gold price hit ever high it will have a gold Rush effect on the Gold price as a result of world currency printed more and more that may lead to hyperinflation that are in the long term future. We cannot stop Govt. from printing Dollar notes but we can bought some gold for hedging the loss of the currency value due to dilution of dollar notes in all part of the world.

Invest in SGX ETF Gold (GLD 10US$).

For invest in SGX ETF Gold, you can used your CPF Gold investment account to invest on SGX ETF GOLD 10US$ or you used your own saving that are in Singapore Dollar (that come without CPF check)

Please click the picture to to learn to know how to fill the order for purchase the Gold ETF in SGX.

Reference:-

http://en.wikipedia.org/wiki/Reserve_Currency

http://en.wikipedia.org/wiki/Foreign_exchange_reserves

Falling of US Dollar may have a short term effect this will have to watch Bank of Japan (BOJ) action on Japanese YEN as they are the one of the major US Dollar reserves Holder and their economy is getting hit very badly due to ever highest high Japanese Yen.

There are few thing to watch out in the investment of GOLD:-

1) China's interest rate, China currency, China's money supply.

2) Japanese Yen exchange rate, BOJ intervention of US Dollar and rate cut etc.

3) Gold supply in this market, central banks that are going to sell more Gold in the market.

4) Singapore MAS further devalue Singapore dollar. (coming April 2009)

Those Govt. have their own reason to devalue their own currency, they have to walk out of the crisis as the jobless rate in their country is getting ever high and there will be a social unrest threat to those Govt. if they don't anything at all or do too little.

Next year 2009 will be the year of currencies turbulence. we shall watch it the news for update.