Nick Barisheff of bullion dealer and metals fund manager BMG Group in Canada writes that the country's securities regulators have issued rules --
http://www.osc.gov.on.ca/en/SecuritiesLaw_ni_...-81-102_csa-...
-- that discourage investors from putting money in mutual funds holding gold. The rules, Barisheff writes, assign the monetary metal a risk rating of medium to high, even though the Bank for International Settlements now classifies gold as a risk-free asset like U.S. dollars and U.S. Treasuries.
Barisheff's commentary is headlined "Devastating Losses Are Coming" and it's posted at the BMG Group internet site here:
http://bmg-group.com/devastating-losses-ar...our-advisor-...
