What the surging gold price says about a dangerous world

Less than a mile from Singapore’s luxurious Changi Airport sits a somewhat much less glamorous enterprise park. Residents of the commercial property embody freight and logistics companies, in addition to the again workplaces of a number of banks. One constructing is a bit of totally different, nonetheless. Behind a shiny onyx facade, layers of safety and imposing metal doorways, sits greater than $1bn in gold, silver and different treasures. “The Reserve” hosts dozens of personal vaults, hundreds of protected deposit containers and a cavernous storage room the place treasured metals sit on cabinets rising three storeys above the bottom.