Effect of Unlimited QE will Cause Gold Commodities All Time High

【POH KONG & TOMEI】Gold stocks shining bright

ThemePlay
Publish date: Fri, 10 Apr 2020, 09:50 PM
QE Theme Stimulus

 

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

 

Related Stocks
Market Buzz
Discussions
Be the first to like this. Showing 2 of 2 comments

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!

2020-04-10 22:25

Post a Comment