SNA - Singapore dollar to become the Swiss franc of the 21st century: Russell Napier

“Get your money into gold and Singapore dollars; keep your powder dry and wait in the next six to 12 months to buy Asian equities,” Napier advised, noting that he expects the Singapore dollar to become the Swiss franc of the 21st century. Napier’s bullishness on the Singapore currency is driven by the fact that the country has a capital account surplus and the government is also unlikely to impose capital controls on inflows and outflows -- something he predicts will happen in Europe very soon.

Full article: http://singaporenewsalternative.blogspot.com/2011/09/sing...

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