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You are here: Home / Uncategorized / “Sell Everything But Notes” Says Royal Bank

“Sell Everything But Notes” Says Royal Bank

January 13, 2016 By Dave Franecki

Sell everything except high quality bonds (notes) — 2016 will be cataclysmic for all other investments.”  That’s the advice in an unprecedented warning to its clients from the Royal Bank of Scotland.

“Major stock markets could fall by a fifth and oil may reach US$16 a barrel.”

“This is about return of capital, not return on capital. In a crowded hall, exit doors are small.”

For more, see http://snipurl.com/2ae7nta  

I would amend the RBS’ advice to include investments in gold bullion coins and perhaps a few select single family homes.

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