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How to protect your portfolio in times of crisis
NORTH KOREA, 2017/08/21 Last week, everyone held their breath while U.S. President Donald Trump and North Korean leader Kim Jong Un traded verbal fireworks. The president threatened to rain fire and fury the like of which the world has at no time seen onto the rogue national. Not to be outdone, the North Korean leader took the unprecedented step of unveiling a plan to launch missiles to within a few kilometres of Guam, a major U.S. military outpost in the western Pacific. Markets shuddered as the war of words escalated. Stocks from Wall Street to Hong Kong tumbled while gold ratcheted higher, as it always does in times of high drama. Was this to be the Cuban missile crisis of our generation?
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