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GLDI - The Dichotomy Between Paper And Physical Precious Metals Markets
March, 05 2021 08:39 PM
Credit Suisse X-Links Gold Shares Covered Call ETN
We're still dealing with the dichotomy between the paper and physical precious metals markets. There's a shortage of silver and a tightening physical gold market, yet the paper price goes down. The market is reacting to the fact that in early January the 10-year note was at less than 1%. It has jumped to 1.60 percent. The printing of massive amounts of money will in all likelihood lead to rising interest rates and inflation, which is extremely bullish for gold. For further details see:
The Dichotomy Between Paper And Physical Precious Metals Markets
Stock Information
Company Name:
Credit Suisse X-Links Gold Shares Covered Call ETN
Stock Symbol:
GLDI
Market:
NASDAQ
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