timofeevar1985: Wells Fargo tries to diss gold, but fails

понедельник, 26 августа 2019 г.

Wells Fargo tries to diss gold, but fails

Timor Invest

Dollar Collapse/John Rubino/8-23-2019

“The goal of Wells Fargo’s statement was clearly to steer clients back into investment vehicles that generate fees and away from precious metals which generally don’t. But the impact on most clients will probably be the opposite, because most clients currently own exactly zero gold. So in reading the above they’re likely to gloss over the cautionary statements and fixate on the stuff Wells Fargo was forced to acknowledge….”

USAGOLD note: Rubino goes on to list those acknowledgements . . .”If you own no gold,” he concludes, “and your bank says you should own some, that amounts to a buy recommendation. Which is what Wells Fargo — and every other major bank — wishes it could avoid but increasingly can’t.” For those who would like to own gold and/or silver and store it securely, we offer an individualized, allocated storage program that costs less to maintain in most cases than an ETF. You also can take delivery of your metal at any time with a phone call. To learn more, we invite you to contact us. If you would like to take the traditional route and receive delivery, we can help with that too.