DBP News and Press, Invesco DB Precious Metals Fund From 09/07/22

Summary The prices of both gold and silver struggle as the Fed looks hawkish. The prices of the grey metal depend on the health of the global economy since silver is both a hedge against inflation and an industrial metal. It is likely the prices of silver will be under pressur...

Summary Over the past half century, gold and silver prices have shown a strong positive correlation. While gold and silver have a strong positive correlation, the ratio of the prices has ranged widely – from one ounce of gold buying as few as 30 ounces of silver in 2011 to ...

Summary As highlighted last month, short positioning in gold was at the highest level since April 2019. Total net positioning represents the combined exposure of the groups once hedging positions are removed. Managed Money has absolutely hammered silver lower while Swap has be...

Summary For those who wanted to be more creative with their hedging, though, there were a few tried-and-true defensive strategies to be had. Two assets that have long earned regular financial media coverage during risk asset downturns are gold and the Japanese yen, both of which h...

Summary With the rapid growth in funding ratios over the past year, an increasing number of UK-defined benefit pension schemes have been contemplating their investment approach for the endgame. In the first half of 2020, one immediate consequence of the COVID-19-induced crisis is ...

Summary The bounce in metals and miners that began at the end of July is now a distant memory. If we do break 1675, then 1700 will become the new resistance level to break, followed by a higher low. Silver and the miners will follow suit. We need to see a sign that the Fed is ...

Summary Physical commodity markets remain very finely balanced. Part of the reason for high inflation is commodity prices have been strong. There are signs from OPEC that they would be willing to adjust their production to accommodate Iranian barrels back onto the market. ...

Summary Since Powell shocked the world with an unexpectedly hawkish speech last week, the market has been struggling to guess just how much worse a tighter Fed is going to be for the economy. As a first pass, the market has decided that it looks a bit scary: most risk assets are d...

Summary Today's market X-ray shows the returns for each index, asset class, sector, and so on, since the recent low point on June 16th. Of the global indices, US small caps are in the lead, followed by the NASDAQ. High beta stocks are the most preferred factors since June 16. ...

Summary Silver had a massive run of gains leading up to August 2020. Two years later, silver has almost halved as investors have all but given up on the metal. Sentiment has collapsed to the most bearish readings in recent history. Silver Shock: As you might have...