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The term “the sick man of Europe” was first used to refer to the faltering Ottoman Empire in the mid-19th century, possibly by the Russian Tsar Nicholas. Since then, various countries and regions have held this unfortunate title while both the Russian and Ottoman empires have long disappeared.
Gold is currently raking up all-time highs and drawing renewed attention. While trading at these levels (and the inevitable market excitement that follows) could be signs that the price of gold is potentially due for a correction, this does not negate the important role it can play in portfolios over the long term.
Would you willingly give up your medical scheme membership under a fully implemented NHI?