Gold Poised for Worst Monthly Run in Over 11 Years, LBS Life & Banc Split

Despite the dream scenarios of goldbugs being payed out economically, gold is on its worst monthly run since its bull market began over a decade ago.


Sentiment for equities is terrible right now so expect a snap-back rally in most things, probably led by banks.

Here's a speculation worth considering, LBS Life & Banc Split trading in Canada :

Click here to read more about these shares and the relevant caveats.  Currently there is big upside capital gains potential on the share price, plus it's offering a return of capital of 24% per year based on the price of $5 as this is being written.  Again, read this link to qualify our commentary.

There's also currency risk too, of course, as well as price downside, but it won't go to zero and we believe it'll outperform gold in the long term if not the short term.

We can visualize the looks of surprise among some of our readership, but realistically this blog is not read in hopes of finding the same tired and thoughtless "buy gold and short banks'' commentary you'll get virtually everywhere else. 




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