From the London Investment Alert (GBR) – The Financial Times published another attack on Donald Trump, who is running for the Republican nomination in the US presidential election. By jumping on the bandwagon, Tom Wolf conveniently turns a blind eye to the misdeeds of his friends. Citigroup was too big to fail, and it has approached bankruptcy twice.
The bank is again one of the worst performers, as its share price is down 40% since July. Amid the banking sell-off, Canada has puzzled investors. The Bank of Canada recently sold all of its gold reserves in a move to “diversify”. If you want to hold gold – which you should consider right now – make sure you hold an investment that is backed by gold.
Many investments replicate the performance of gold but aren’t backed by any physical gold. Beware of these “paper gold” investments – they could become worthless in a crisis.