“Sell Everything But Notes” Says Royal Bank

“Sell everything except high quality bonds (notes) — 2016 will be cataclysmic for all other investments.”  That’s the advice in an unprecidented 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/2aoe7nta

I would amend the RBS’ advice to include investments in gold bullion coins http://the-moneychanger.com/answers/ten_commandments_for_buying_gold_and_silver and perhaps a few select single family homes. http://www.johnschaub.com

Remember my New Year’s gift to you: a coupon code that will save you $50.00 on the Paper Source Note Symposium April 28-30 in Las Vegas.  Go to www.PaperSourceSeminars.com — click on the Register Now button and enter newyeardiscount in the coupon code box.  Hurry — it expires soon!
— Bill Mencarow, The Paper Source, Inc.

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