Gold retreated to the 1185 -1200 range these few weeks..It is a bit choppy and will likely remain so in this traditional low-seasonal period. However, this consolidation looks healthy. Amidst the many "good" news coming out of the Europe and US crisis, a number of things need to be watched out for. Rome wasnt destroyed in a day.. and hence you need a lot of bad policies to pull a fast one! Commodities at the present moment looked expensive. But it may turn out to be the next best investment yet.. As for Singapore Housing, prices have remained relatively high. .. and will remain high for quite some time.. if the China / Asia story is still a positive one and barring any untoward event in the US or Europe ( or Japan)..which may set off deflation..
Anyhow, the tug of war between price inflation and deflation is still on-going!
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