According to IQI Global chief economist, Shan Saeed (pic), global investors who comprehend history and economics had always taken positions in two asset classes, namely real estate and gold. Being a big advocate of global monetary system going back to the pre-1971 level of gold standard, Shan said gold is real money and had maintained steady value for the past 100 years.
KUALA LUMPUR: Gold has again become a major discourse among policymakers globally. The time has come for the global economy to have an alternative to the volatile US dollar so that sophisticated and smart investors can mitigate their currency risk and preserve their asset portfolios.
According to IQI Global chief economist, Shan Saeed (pic), global investors who comprehend history and economics had always taken positions in two asset classes, namely real estate and gold. Being a big advocate of global monetary system going back to the pre-1971 level of gold standard, Shan said gold is real money and had maintained steady value for the past 100 years.
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