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Moo-Ve Over Gold -- Bricks, Milk And Gas The New Safe Bets

posted 18 Apr 2013, 06:18 by Mpelembe   [ updated 18 Apr 2013, 06:19 ]


Reuters Business Video Report - Oh glittering gold what a lovely safe haven you used to be.

Storable, durable, tradable...


"...and best of all - wearable. But now that you've slumped to your lowest price in 30 years, here's a look at the new safe havens around the world."

Number 1: London property.

Sure property in swinging London has had its ups and downs, but overall it's still a globally treasured asset, and its appeal goes beyond capital chic says Arnab Das of Roubini economics.


"There is a limited supply, property rights have been largely stable since Magna CartaLondon property stands out for that reason and for the time being people from all over the world are willing to put their money there at perfectly ridiculous prices."

Number 2: Natural gas.

Goldman Sach's pick for the up and coming safe haven to match the shale gas revolution.

As commodity markets broadly take a tumble, nat gas has looked like an oasis for investors.

With countries moving to cleaner fuels and the prospect of more exports to energy-hungry Asia, this is definitely a fuel with a future ... even if supply continues to rise.

Number 3: Got milk?

Another asset linked to Asia's searing growth - dairy products, for which demand is expected to far outstrip supply by the end of the decade.

The world's largest dairy processor, Fonterra of New Zealand has launched a dairy fund. Other avenues include buying shares in outperforming dairy companies such as France's Danone or... buying a farm.


"If these emerging havens sound a bit wobbly -- there's still pretty broad agreement on the safety of good old U.S. treasuries. Worries over the country's fiscal housekeeping may be rattling nerves, but it's hard to beat the deep liquidity of the world's largest economy."