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UBS AG Jersey ZC SP ETRACS REDEEM 05/04/2038 USD 25 - 902641810
Fundamentals
The last few weeks, the stock market has been falling apart in the face of the coronavirus news. It took time for the equity market to realize the implications of the virus and that the implications economically are uncertain. Right now we are seeing panic in the marketplace, which is causing an incredible amount of volatility across the board.
Gold mining shares, even some of the precious metal ETFs, are being influenced by the stock market. They are being traded as shares, of course, regardless of the sector. We should be patient with this