Highlights

Effect of Unlimited QE will Cause Gold Commodities All Time High

Author: ThemePlay   |   Latest post: Fri, 10 Apr 2020, 9:50 PM

 

【POH KONG & TOMEI】Gold stocks shining bright

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With gold being a safe haven asset, the sustainability of its rally is anyone’s guess, given the uncertainties of Coronavirus and impact negatively to the whole economy. With this, the Federal Reserve of the United States government launch of Unlimited Quantitative Easing (QE). This vital to rescue the companies now in distress, buying junk bond and etc. You will notice that the USD is going to be weak and investor is rushing for safe-haven asset – Gold and Silver.

Where to hedge this kind of crisis during the uncertainty period? Bursa stock market Malaysia offered options as part hedging basket. Volume surged up this few days as hot money is entering to safe-haven assets. Please feel free to comment below if you found any safe haven stocks besides this 3. 

 

 

Stock to Watch during Crisis

BAHVEST – Operation of Gold Mining

POHKONG – Suppliers and retailers of jewelleries, precious stones and gold ornaments

TOMEI - Integrated Manufacturer and Retailer of Gold & Jewelry

 

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Labels: POHKONG, TOMEI

Related Stocks

Chart Stock Name Last Change Volume 
POHKONG 0.80 -0.005 (0.62%) 644,300 
TOMEI 0.86 -0.015 (1.71%) 247,100 

  Be the first to like this.
 
ks55 Yes,
With Unlimited QE, USD will become banana currency.
Gold will hit $ 1 million per Kg.
Buy Poh Kong and Tomei to hedge against inflation!
10/04/2020 10:25 PM
crisiscoming How Much Have You Lost in 2020? (in RM)

https://klse.i3investor.com/blogs/howmuch/2020-04-11-story-h1505925342-How_Much_Have_You_Lost_in_2020_in_RM.jsp
11/04/2020 11:49 AM


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