Reward 500 Tiger-coinsDBS Group Research just dropped a bold projection — by 2040, Singapore’s GDP could double, $Straits Times Index(STI.SI)$ may hit 10,000, and the Singapore dollar (SGD) could reach parity with the US dollar.
According to the report, Singapore’s real GDP is expected to grow at 2.3% annually over the next 15 years — outpacing most developed economies. Strong policy discipline, safe-haven capital inflows, steady productivity gains, and persistent current account surpluses could all drive the SGD’s long-term appreciation.
But here’s the catch:
If USD continues to weaken, parity with SGD could also mean USD/CNY falls from 7 to 6, potentially pushing gold prices even higher. ✨
💭 Discussion:
1️⃣ Do you believe SGD can really reach parity with USD by 2040?
2️⃣ If the USD keeps sliding, would you increase your gold allocation?
3️⃣ How would you position your portfolio for a long-term USD downtrend?
REWARDS
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Comments
@nomadic_m @rL @Shyon @Aqa @koolgal @SPACE ROCKET @LMSunshine @rL @Universe宇宙 @Zarkness @HelenJanet
Do you believe SGD can really reach parity with USD by 2040?
2️⃣ If the USD keeps sliding, would you increase your gold allocation?
3️⃣ How would you position your portfolio for a long-term USD downtrend?
All valid comments will receive 5 Tiger Coins (5-50 coins; depend on comment quality)
Tag your friends to win another 5 Tiger Coins
Join our topic and post directly or leave your comments to win tiger coins~
I won’t buy gold even if the USD keeps sliding. I think there is a possibility of the Chinese yuan being one of the world’s reserve currency. Also, there are many stocks that can offer greater yield than me holding gold. In terms of returns, I prefer to hold stock.
My preference has always been the ETF that tracks the world index eg VTI so I would keep to that. I also do thematic ETFs eg in semiconductors like SMH and this strategy has fitted my risk appetite and generated good returns. A weakening USD would affect returns but that affects almost all asset classes.
然而，实现美元兑新加坡元平价是雄心勃勃的。这需要新加坡元持续走强和美元结构性走弱。如果美元继续下滑，我可能会增加我的黄金配置——这是抵御货币疲软和全球不确定性的可靠对冲工具，并且在此类周期中历来表现良好。
对于投资组合定位，我会保持多元化，投资稳健的亚洲股票、优质股息股票以及一些黄金或其他实物资产。美元可能会面临多年的压力，但有纪律的长期投资仍然是抓住这些结构性机会的最佳方式。
@Tiger_SG @TigerStars @Tiger_comments
A stronger SGD means overseas assets, especially US Dollar denominated ones become cheaper over time.
Singapore Listed Companies like DBS, OCBC and UOB may see valuation uplift, not just from earnings but from currency rerating.
However even with a strong SGD, global inflation and geopolitical risk still persist. So investing in Gold ETFs such as $SPDR Gold Shares(GLD)$ would protect my purchasing power and serve as a hedge against inflation.
So if SGD truly reaches parity with USD by 2040, it isn't just a currency milestone, it is truly a celebration of how far Singapore has risen.
Majullah Singapura🇸🇬🇸🇬🇸🇬🥰🥰🥰
@Tiger_SG @TigerStars @Tiger_comments @CaptainTiger @TigerClub
The SGD is already recognized as a regional safe haven, particularly in Asia, thanks to Singapore's political stability, fiscal discipline, low inflation, and robust monetary policy managed by the MAS through a managed float against a basket of currencies.
In summary, yes, SGD has strong potential to solidify as a "new" safe haven by 2040, evolving from its regional niche to a more global one, especially for USD diversifiers in emerging markets and Asia-Pacific portfolios. The DBS outlook underscores this through projected growth and inflows, but success hinges on Singapore maintaining its edge in productivity, openness, and neutrality