The Globe and Mail reports in its Saturday, Feb. 8, edition that Canadian stocks hold some appeal, but they suffer from their vulnerability to President Donald Trump's tariff threats. The Globe's Ian McGugan recommends considering assets that are better insulated from the turbulence in Washington. He says gold comes to mind. So do European stocks. Both investments have had a strong start to the year and both could be on track for more gains. "The gold bull market looks set to continue under Trump 2.0 with trade wars and geopolitical tensions" reinforcing the case for the metal, Citigroup analysts wrote last week. They boosted their short-term target for bullion to $3,000 (U.S.) an ounce, up from around $2,900 (U.S.) now. In similar fashion, European stocks could catch a lift from investors' desire to put some distance between themselves and Mr. Trump's shenanigans. Old World stocks are considerably cheaper on average than their U.S. counterparts and it would not take much of an economic recovery on the continent to send their prices higher. To be sure, European markets have underperformed U.S. ones since the financial crisis, but in Mr. Trump's new reign of chaos that could change quickly.