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Royal Bank of Canada T.RY

Alternate Symbol(s):  RY | RBCPF | T.RY.PR.J | T.RY.PR.M | RBMCF | T.RY.PR.N | T.RY.PR.O | RYLBF | T.RY.PR.S

Royal Bank of Canada is a global financial institution. Its business includes Personal & Commercial Banking, Wealth Management, Investor Services, Capital Markets and Insurance. The Personal & Commercial Banking comprises its personal banking operations and certain retail investment businesses in Canada, the Caribbean and United States, as well as its commercial and corporate banking operations in Canada and the Caribbean. Wealth Management provides a full suite of investment, trust and other wealth management solutions and businesses. Capital Markets provides public and private companies, institutional investors, governments and central banks globally with a range of capital markets products and services across its two main business lines, Corporate and Investment Banking and Global Markets. Insurance offers a range of life, health, home, auto, travel, wealth and reinsurance advice and solutions, and creditor and business insurance services to individual, business and group clients.


TSX:RY - Post by User

Bullboard Posts
Comment by ElMarkOon Aug 18, 2008 5:30pm
139 Views
Post# 15392414

RE: The cupboards are bare! A GOLDEN opportuntity!

RE: The cupboards are bare! A GOLDEN opportuntity!No SUCKERS hold gold, silver or any PM for that matter.  Gold has NO LIABILITIES.  RY on the other hand has about.............hmmmmm let me see..................oh yeah, about 5 trillion dollars in liabilities!!!!!!!  Financial companies & the media are trying to recruit as many "investors" as possible to off load their bad paper and let someone else at least partially hold the bag.

No fear mongering is needed to scare people away from financial stocks.  RY management has done their level best to ensure everyone will be scared for quite a while.

Smush, you are correct that the Royal Canadian Mint is about the only place right now where you can acquire gold coins without a delay. They tend to charge a hefty premium over the spot price but since the spot price for gold is artificially low, even the coins at the mint are looking reasonable. 

El-Mark-O
Bullboard Posts