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

Financial Services Banks - Global

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

Royal Bank of Canada

Bullboard Posts

Post by ElMarkOon Jan 20, 2009 5:06pm

580 Views

Post# 15716779

The carnage continues.........

Someone mentioned earlier that technicals show RY is a buy. That's a chart I'd love to see. Support has been SHATTERED! There is no rush to go out and buy any of the Canadian banks. Look for more investors to be dumping financials from their PF's going forward.

We are just an eyelash away from precious metals being the ONLY GAME IN TOWN! I'm sure the gold cartel has a bit of ammo left but their worst enemy is investors taking delivery of their gold and silver which has been happening at a record rate.

I digress once again but here's Phoebe's mock PF................