DBP News and Press, Invesco DB Precious Metals Fund From 11/15/22

Summary In the short-term gold still has downside risk due to rising interest rates and the possibility of collapsing asset markets triggering a liquidation event. Some investors are disappointed by gold’s performance this year because the price in dollars is down while con...

Summary Prices for grains like soybeans, wheat, and corn are likely to see double-digit declines going into 2024 and will likely underperform gold and Treasuries. Extreme moves in the commodity cycle, such as we have experienced over the last three years, have typically been follo...

Summary The average spread between the 10-year Treasury and the 30-year mortgage rate has averaged 1.7% since 1990 and now stands at 2.9%. Small and mid-cap stocks continue to look better technically than US large cap. The Russell 2000, S&P 600 and S&P 400 (midcap) index E...

Summary Central banks around the world just made a monumental statement, purchasing a record amount of gold this past quarter. One of my sector health gauges for precious metals is looking at cash as a percentage of market capitalization. Share prices for gold miners have decl...

Summary CPI numbers that are higher than expected will keep rate hikes front and center, whereas lower results than forecast would be supportive of even higher prices in metals and miners. The momentum displayed by the MACD is very bullish, but the RSI is close to being overbought...

Summary In today's issue of the 1-Minute Market Report, I examine the market bounce since the October low, and highlight the areas of the market that are leading the way higher. On Thursday, for every stock that was down, there were 26 that were up. For the first time since August...

Summary The current low gold price is no exception, as buyers in China, India, and UAE sense a bargain. Geopolitical risks continue to escalate. On the currency front, many have been tracking the dizzying rise in the dollar and the relentless declines in many other currencies ...

Summary The yellow metal is down 18.5% from its 52-week high set in the early spring but on the bright side, it has begun to break out of its downtrend. Gold has tested support at roughly around $1,620 at multiple points this fall. There has not been a higher high yet, meaning...

Summary As users of government-issued fiat currency, we have little choice but to trust policymakers’ economic and financial decisions, which may significantly impact the value of our money. The amount of money the U.S. government pays on interest alone now exceeds its defe...

Summary The Governor of the Dutch central bank stated the gold revaluation account ensures the solvency of his central bank in an interview on television about prospective losses. In recent years, Quantitative Easing (QE) has made DNB, and all other NCBs, create an abundance in ba...