CLSA Napier

Singapore dollars and gold are the only safe havens

Buy Singapore dollars and gold now, and wait for Asian equities to bottom out in the next 12 months before buying, is the investment advice offered by CLSA strategist Russell Napier.
September 29, 2011
Russell Napier, CLSA

This is a very pessimistic presentation so I’ll be brief, CLSA strategist Russell Napier said last week, before suggesting that the only two safe havens for investors are Singapore dollars and gold.

Napier’s talk at the CLSA Investors' Forum on Friday was followed by a lunch presentation by Marc Faber. The...

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