The SMO Physical Gold ETC (BARS), marketed by Tabula and managed by Zipa Investment Management, has collapsed from over $1 billion to just $5.6 million in assets after abrupt redemptions this month. The ESG-linked gold fund initially attracted strong interest with its “responsibly sourced” pitch, but the sudden exodus—potentially tied to one large investor—has left it nearly empty. Unlike BARS, rival gold ETCs are still seeing inflows, suggesting this is a product-specific issue rather than a market-wide trend.

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Gold at $10,000? Monetary Breadcrumbs Point to a Global Reset
Gold at $10,000 may sound extreme—but according to Mike Maloney, it’s not speculation. It’s math, history, and monetary policy converging as signs of a global reset quietly emerge.




