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


Primary Symbol: PGMFF

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.


OTCPK:PGMFF - Post by User

Comment by Welchspringon Jun 19, 2021 8:05pm
211 Views
Post# 33417337

RE:This is a Gold Bull Market

RE:This is a Gold Bull MarketTDSB nice to hear your opinion on where gold pricing may go next week or the following week.

There are a couple of things happening that are bothersome in the markets. First the S&P 500 broke the lower upward sloping trend line on Friday. This has not happened since March 23/2020, The second concern is that large institutions have been selling there stocks slowly over the last month. These two things leave me to believe that a market correction is coming shortly. I think we are going to see a 10% correction and if the S&P breaks down below 3750 we will see a much greater correction. What this means in my opinion is that gold and silver could see more downward momentum over the next month.

I know you have doubts that this could happen during the summer months but there are sure a lot of signals indicating a correction is building. We will see where this all goes in the next month.
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