Barclays Bk PLC iPath Dow JonesUBS Platinum Subindex Total Return ETN Exp 24th Jun 2038 V.PGM

Primary Symbol: PGMFF

Financial Services Banks - Global

Barclays PLC is a diversified bank with five divisions comprising Barclays UK, Barclays UK Corporate Bank, Barclays Private Bank and Wealth Management, Barclays Investment Bank and Barclays US Consumer Bank. The Barclays UK division represents businesses that sit within the United Kingdom ring-fenced bank, Barclays Bank UK PLC and its subsidiaries, and comprises Personal Banking, Business Banking and Barclaycard Consumer UK. The Barclays UK Corporate Bank division offers lending, trade and working capital, liquidity, payments, and FX solutions for corporate clients. Barclays Private Bank and Wealth Management division comprises the Private Bank, Wealth Management, and Investments businesses. Barclays Investment Bank division incorporates the Global Markets, Investment Banking, and International Corporate Banking businesses. Barclays US Consumer Bank division represents the United States credit card business, focused in the partnership market, as well as an online deposit franchise.

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Barclays Bk PLC iPath Dow JonesUBS Platinum Subindex Total Return ETN Exp 24th Jun 2038 > cryptos

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Comment by Welchspringon Jan 10, 2021 1:30pm

193 Views

Post# 32263453

RE:RE:RE:RE:RE:RE:cryptos

If central banks are investing in Biticon that is very very scarey.

Several years ago - 60s, 70s and even the early 80s banks were regulated and only allowed to invest in tripe A bonds, treasury bills & high secure conversative blue chip stocks and taking on loans.mortgages that were secure. Since mid-80s and beyond banks have gotten more speculative in what they invest in and taking on loans that are high risk. This is why we had the bank financial crisis 20 years.

The majority of investor have stated Biticon will have a major correction. The old story the higher it goes the harder it falls.

If central banks are investing in Biticon then IMO we are heading for another finanical crisis.

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