SINGAPORE–(BUSINESS WIRE)–Singapore
Precious Metals Exchange (SGPMX), the world’s first bodily
treasured metals trade with peer-to-peer bullion buying and selling capabilities,
right now introduced the appointment of treasured metals specialist, Jim
Sinclair, as Government Chairman of SGPMX. It additionally introduced the
institution of an Unbiased Advisory Board chaired by Jim Sinclair
to supervise the transparency and administration of the Change, in addition to
to develop schooling and advocacy programmes round bodily bullion and
wealth storage.
Unbiased Advisory Board members of Singapore Valuable Metals
Change’s Unbiased Advisory Board embody former CEO of Kuala Lumpur
Inventory Change (Bursa Malaysia Berhad), Dato Yusli Yusoff, President of
McMillan Woods International, Dato Raymond Liew, outstanding lawyer Ranjit Singh,
and skilled commodities dealer, Peter Mickelberg.
Jim Sinclair mentioned, “I consider the U.S. financial system is headed for
hyperinflation and the choice to currencies is treasured metals. However
it’s bodily gold and never future gold that we needs to be taking a look at. And
personally, I predict that emancipated bodily gold value from future
gold value will go up from US$3,200 to US$3,500 an oz by 2016.”
“I’m a agency believer of the Singapore Valuable Metals Change’s
enterprise mannequin and am assured that the platform addresses bullion
buying and selling challenges confronted by merchants, monetary establishments and private
wealth buyers like myself. By unifying purchase, retailer, commerce and
transport components underneath one platform, SGPMX will simply place itself
as a catalyst for Singapore to attain its aim as a buying and selling hub for
treasured metals in Asia Pacific,” Sinclair provides.
Victor Foo, CEO and founding father of SGPMX mentioned, “As a part of the corporate’s
long run development technique, we’ve invited trade specialists and
specialists from varied fields to kind the Advisory Board. With every
member’s experience, we’re assured that they won’t solely worth add
to the administration of the Change, but in addition drive the bullion trade
ahead with the initiatives within the pipeline.”
Bios of Members of the SGPMX Advisory Board
Jim Sinclair, Government Chairman of SGPMX
Sinclair is a treasured metals specialist, commodities and overseas
foreign money dealer. He was the Chief Government Officer of Northwestern
Basemetals Firm Restricted since 2012. He has authored three books on
treasured metals, buying and selling methods and geopolitical occasions, and their
relationship to world economics and the markets.
Dato’ Yusli Yusoff, Member
Dato’ Yusli Yusoff was the CEO of Kuala Lumpur Inventory Change (Bursa
Malaysia Berhad) from 2004 until 2011. At present, he sits as an
Unbiased Non-Government Director on the Board of Administrators of some
public listed firms, together with YTL Energy Worldwide Berhad,
Mulpha Worldwide Berhad, Mudajaya Group Berhad, Air Asia X Berhad
and Westports Holdings Berhad.
Dato’ Raymond Liew, Member
Dato’ Raymond Liew is the President of McMillan Woods International, an
impartial member agency of McMillan Woods International community. He’s additionally a
Trustee of the Malaysian Accountancy Analysis & Schooling Basis and
is a Council member of the Chartered Taxation Institute of Malaysia
(CTIM).
Ranjit Singh, Member
Ranjit is a common litigator with huge expertise and seems frequently
within the Excessive Courtroom and Federal Courtroom of Malaysia. Apart from representing
and advising public listed firms and professionals, Ranjit additionally acts
as counsel to the Malaysian Bar’s obligatory insurance coverage scheme.
Peter Mickelberg, Member
Peter Mickelberg is a monetary analyst and dealer who has specialised
in treasured metals and mining equities. He’s presently a communications
marketing consultant to Mr Sinclair and his firm, Tanzanian Royalty Exploration
Company.
About Singapore Valuable Metals Change (SGPMX)
Established in August 2011, SGPMX is the world’s first bodily bullion
trade established for buyers, merchants and establishments to commerce
bodily treasured metals like gold and silver with bodily backed
bullion storage services. It gives consolidated choices for
prospects to purchase, promote, retailer and trade treasured metals underneath one
platform, and is privately held and independently funded.
