Singapore's money supply is currently at about 423 billion SGD, which equates to about $352 billion. That's an amount I think is more than sufficient to sustain a bubble. Assuming there are 1 billion ounces of silver in the world, that would put silver's market capitalization at around $42 billion. So I think Singapore dollar could get bubble-ized like silver, but as it has a higher market capitalization, any bubble will get blown at a much slower rate. Full story
OPINION: Is The Singapore Dollar Becoming A Bubble? - Simit Patel
Singapore's money supply is currently at about 423 billion SGD, which equates to about $352 billion. That's an amount I think is more than sufficient to sustain a bubble. Assuming there are 1 billion ounces of silver in the world, that would put silver's market capitalization at around $42 billion. So I think Singapore dollar could get bubble-ized like silver, but as it has a higher market capitalization, any bubble will get blown at a much slower rate. Full story
