Mark Mobius says hold 10% in gold as currencies will be devalued
At this stage, “10% should be put into physical gold,” said Mobius, who set up Mobius Capital Partners after more than three decades at Franklin Templeton Investments. “Currency devaluation globally is going to be quite significant next year given the incredible amount of money supply that has been printed.”
First published here: Mark Mobius says hold 10% in gold as currencies will be devalued
First published here: Mark Mobius says hold 10% in gold as currencies will be devalued
Sovereign gold bond issue opens on Monday; should you subscribe?
Prospective bidders, who intend to subscribe to the scheme, can bid for a minimum of 1 gm of gold at Rs 4,732 per gram against Rs 4,790 per gram for the previous tranche. There will be a Rs 50 discount for prospective investors that will bid online. The issue closes on Friday, September 3. The Certificate of Bond(s) will be issued on September 7.
First published here: Sovereign gold bond issue opens on Monday; should you subscribe?
First published here: Sovereign gold bond issue opens on Monday; should you subscribe?
What happens to your gold jewellery in gold monetization scheme?
The scheme was launched by the government in 2015 with an intention to put the idle gold stored by individuals in their homes and bank lockers to productive use. However, the scheme did not find many takers -one of the main reasons being what happens to the gold you deposit with the bank.
First published here: What happens to your gold jewellery in gold monetization scheme?
First published here: What happens to your gold jewellery in gold monetization scheme?
What happens to your gold jewellery in gold monetization scheme?
The scheme was launched by the government in 2015 with an intention to put the idle gold stored by individuals in their homes and bank lockers to productive use. However, the scheme did not find many takers -one of the main reasons being what happens to the gold you deposit with the bank.
First published here: What happens to your gold jewellery in gold monetization scheme?
First published here: What happens to your gold jewellery in gold monetization scheme?
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