PBUG News and Press, Barclays Bank PLC ZC SP ETN PERPETUAL USD From 03/20/22

Banks are in the process of restocking gold at a pace not seen in years. The Comex gold market has been flashing warning signs since early January. This continues to be the case. The latest influx of metal further supports the notion that banks are preparing for higher delivery vo...

This past week marked the 13th anniversary of the bottom of the Global Financial Crisis (GFC) of 2007-2009. The March 6, 2009 stock market low for the S&P 500 marked a staggering overall value loss of 51.9%. The Fed was expected to raise interest rates by as much as 50 basis point...

The Fed is supposedly about to step into the ring to fight inflation. But all indications are it’s going to be a feckless fight. Now investors have turned their attention back to the Fed. When the war broke out, people thought it could slow the central bank’s monetary ti...

Inflation looks uncomfortably high, ingrained and troublesome, but net worth looks fabulous. Gold is very expensive because investors have been buying gold in order to hedge against rising inflation. Despite the fact that outstanding federal debt is just shy of its highest level i...

The yield curve has flattened considerably and the spread between the 2-year and 10-year Treasury yield is currently just 25 basis points. Many of the large, popular stocks are still grossly overvalued in my opinion. Value stocks continue to outperform. For further details s...

Gold has gone almost straight up from 1780 on January 28, when Ukraine tensions began in earnest, to just shy of a new record high at 2079 on Tuesday. The Fed is about to embark on a tightening cycle along with other global central banks while economic growth is sliding into recession...

Historically, geopolitical turmoil has been a short-term driver of gold prices. If the Fed is compelled to end its rate-hiking program prematurely to save the economy, inflation could remain elevated. With the coming rate hiking cycle, the odds of an economic downturn increase, an...

President Biden implemented a ban on crude oil imports from Russia, which caused crude to hit 130.50. Nickel has gone through the roof as a consequence of supply issues related to the Russian invasion of Ukraine. Green energy and other possible energy sources cannot, at this point...

As ESG has taken on greater relevance in recent years, the gold mining industry has become more transparent. More and more companies are providing standalone sustainability reports which are increasingly more comprehensive and detailed. We expect companies to link compensation to ...

Extreme monetary and fiscal policy would lead to inflation. Couple that with extreme supply chain issues, and here we are with really high inflation - highest inflation that we've seen really since the past 40 years. Our biggest risk right now is that we become entrenched. The psychol...