PBUG News and Press, Barclays Bank PLC ZC SP ETN PERPETUAL USD From 04/02/22

According to the BLS, the economy added 431k jobs in March. February was revised up to 750k from an original 678k. Unemployment rate fell to 3.6%. Through three months in 2022, the BLS is adjusting the raw number up quite substantially (-414k vs +1.7M). Although the unemployment r...

Ima Casanova, deputy portfolio manager, gold strategy at VanEck, shares her outlook on gold. As we come into 2022, of course at the end of last year, the Fed “dropped” transitory and so the market comes into 2022 pricing and inflation, a higher inflation for longer. ...

Pick any barometer of costs these days, and the story is the same: Prices are up - and in a dramatic fashion. The first thing that jumps out is the dismal performance of most asset classes during periods of low growth and high inflation - otherwise known as stagflation. A solid fo...

Money has changed. Sanctions on Russia’s central bank eliminated its USD, EUR and JPY reserves. We used current reserve holdings in troy ounces for gold, and we used the current exchange rate to convert the monetary base liability into U.S. dollars. Emerging market currenci...

Commodities exposure, designed carefully, can provide effective inflation defense and portfolio diversification. After nearly a decade of struggles and underinvestment, the supportive infrastructure and supply for many commodities have become strained. Commodities don’t all...

The big boys and the bullion banks are playing their games in the gold market pretty successful for decades already. In the very short-term, gold might remain under pressure, even though yesterday’s V-recovery is looking promising. However, the daily chart is kind of overso...

Step 1: Offer a premium fixed price for gold to domestic Russian banks who can't sell their gold internationally due to sanctions, encouraging domestic gold flows into Bank of Russia. Step 2: Strengthen the Ruble internationally by insisting on energy payments in Rubles, turning fixed...

COMEX gold nearly tapped its all-time highs from August 2020 before falling backward. The price of COMEX gold failed to make new all-time highs in March, and it's not likely to make new all-time highs in April, either. Without a COMEX expiration and with the likelihood of a Fed "p...

Many investors see gold as a sort of haven in times of turmoil, and prices have surged amid Russia’s invasion of Ukraine. Gold bullion - typically seen by many investors as a haven in times of international tensions - climbed above US$2,000 per troy ounce in March as investors ...

Usually, we portray the money as an inverted pyramid, with base money at the base and increasingly wider layers of monetary substitutes above it. Gold is the highest money (first layer) with gold certificates issued by the Treasury (and in theory redeemable for the upper layer) formin...