Interesting Alert on gold as collateral for energy and CDS Trades:
According to this article, “IntercontinentalExchange (NYSE: ICE), a leading operator of global regulated futures exchanges, clearing houses and over-the-counter (OTC) markets, today announced that ICE Clear Europe will accept gold bullion as collateral for all energy and credit default swaps (CDS) transactions beginning 22 November.”
IMO, Gold is not only a good form of collateral but it is also a good hedge against inflation. It is like similar to having insurance. Gold can protect your wealth against inflation over the long term.
If you’re open to investing in a gold-related instrument for as little as S$100/month, call me at 9231 8779 to discuss more.
To Your Wealth!
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