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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Why $200 Silver Isn’t Just Possible — It’s Probable
In his latest video, Mike Maloney delivers a powerful and urgent message for investors: silver is not just undervalued — it’s poised for a potential breakout that could rival or even exceed its historic surge in 1980. Based on the math, history, and current global conditions, a $200 per ounce silver price is not only attainable, it may happen much faster than most expect. If you’ve been sitting on the sidelines, wondering if you missed the window on precious metals, Mike offers a clear and compelling alternative: Buy silver. The “CP Lie” and the True Price of Silver