DBP News and Press, Invesco DB Precious Metals Fund From 09/30/22

Summary Similar to gold and silver, platinum has seen a much higher delivery volume since the pandemic struck in 2020. While platinum and gold continue to flash warning signs, the silver market has been (seemingly) left for dead. The data from Comex continues to point to a phy...

Summary Gold is down only around 9.5% for the year, despite surging bond yields and despite the U.S. dollar being at its strongest level ever relative to other major currencies. When we price it in other world currencies, gold has done even better since many currencies have declin...

Summary Inflation as measured by government indices (e.g., CPI, PCE Deflator) is a lagging indicator of true inflation. True inflation is defined as the loss of purchasing power of a currency. Right now that is just not the case: the dollar is soaring against nearly every currency...

Summary Further normalization of headline inflation and aggressive monetary tightening in other regions should keep the U.S. dollar relatively stable, which bodes well for technology companies and other growth-oriented names. The global energy crisis will likely make climate chang...

Summary Inflation-adjusted interest rates are rising, rapidly. The lightning surge in real yields has a wide range of implications for macro and markets - a change that is now front and center for monitoring risk factors. As real yields rise further, the allure of locking in h...

Summary Spot gold is trading at its lowest levels in more than two years and has fallen more than 20% from its recent peak in March, pushing it into a bear market. Despite sticky inflation, real yields have also been climbing. 10-year real US yields have reached their highest leve...

Summary The market is now oversold which could lead to a short-term bounce. Open interest is at multi-year lows, and likely only increasing slightly in recent days due to shorts entering the market. The gold miners have been very consistently leading the price of gold in both ...

Summary The Gold and Inflation test - and results. The Gold and Real Rates test - and results. The perfect storm with global inflation and market deflation. This should be gold's time to shine . In a time of high global inflation caused in part by massive mon...

Stock Traders Daily has produced this trading report using a proprietary method.  This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This report optimizes tradi...

Summary Federal Reserve meeting was held this week and the committee headed by Chair Jerome Powell concluded by announcing a 0.75% interest rate hike. "No one knows whether that process will lead to a recession or how significant a recession it will be," Powell said. "I don't know...