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See increase in recession risk, put money in gold: Finaport

In terms of the global economic health, Hans Goetti, chief investment officer Asia of Finaport believes that recession risks have increased considerably mainly due to concerns in the European banking system. Thereore, his advice is to invest in gold.

September 09, 2011 / 17:33 IST
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The much anticipated Obama jobs speech has some and gone, bring along with it a big USD 450 billion package to stimulate the jobs in the US. However, Hans Goetti, chief investment officer Asia of Finaport is doubtful about the effectiveness of this package.

TAGS: #asset prices #Fed #FII View #Finaport #Hans Goetti #Obama jobs speech #QE #quantitave easing
first published: Sep 9, 2011 12:53 pm

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