AAAU News and Press, Goldman Sachs Physical Gold ETF From 12/15/21

The producer price index came out with the biggest number in 40 years. Gold is down 6% or 7% for the year and silver is down 14% or so for the year against these levels of inflation, which are at 40-year highs. The past few meetings, the Fed has just talked the markets down but ha...

Despite posting a small loss on the month (down -0.50% to $1,774.52 per ounce by month-end), gold’s historical status as an inflation hedge and safe haven investment were on full display during November. Gold furthered its rally on the back of November 10 U.S. inflation data re...

Despite the fact that the Funds have reduced their net long position by 40% in the past two weeks, they are still holding a net long position that is three times bigger than their net long positions at each of the 1675 lows. We got the forecasted bounce and now it looks like we’...

The Aberdeen Standard Physical Gold Shares ETF (SGOL) provides excellent exposure at low prices to the physical gold market. Total assets under management exceed $2.3 billion, but shares amount less than 100,000 shares are not redeemable for physical gold. Fundamental gold market ...

Everyone knows inflation is running hot. Examining CPI changes over 2 years helps mitigate unusual base effects. Negative real treasury yields are not unprecedented, but being as negative as they are now is extremely rare in the current era. Current conditions are historically uns...

Our views on the upcoming December Fed meeting and the keys to watch. Gold may be a winner in a scenario where the Fed comes off as dovish, or too hawkish. We are bullish on gold and gold miners which can outperform into 2022 under various market environments. For further de...

The Goldman Sachs Physical Gold ETF (AAAU) provides excellent exposure to the physical gold market. Total assets under management exceed $400 million, but shares amounts less than 25,000 shares are not redeemable for physical gold. Fundamental gold market setups and the nature of ...

U.S. CPI inflation rose 6.2% in October 2021, marking the highest level of inflation since 1990. When it comes to assets that can hedge against inflation, commodities have historically stood out as winners. So far this year, gold has disappointed. It has historically been a good h...

As the world’s largest gold producer, China plays an outsized role in global gold markets. Local demand for jewelry collapsed when the country went into lockdowns prior to the rest of world. The Chinese market remains a fundamental part of the global gold trading landscape....

GDX has been hammered down from resistance at 35.10 to almost 30. SILJ has also dropped 18% from 14.57 to support around 12. That said, I believe the miners are presenting us with a great dip-buying opportunity. For further details see: Do Or Die For Miners