In General Finance

Canary Capital believe 2022 will be the year of rising volatility which we will focus on in an upcoming newsletter.
Volatility requires both discipline and diversification. The one asset that is relatively cheap and underrepresented in most accounts is gold. An increased allocation to this asset will reduce risk in portfolios when volatility rises. It will also protect accounts if an unforeseen shock were to arrive over the horizon. Joe Biden’s nominee to run the Office of the Comptroller of the Currency (OCC) Saule Omarova, was recently quoted, “There will be no more private bank deposit accounts, and all of the deposit accounts will be held directly at the fed”
Canary’s recommendation in the gold sector is Nexus Minerals (ASX:NXM).

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