DBP News and Press, Invesco DB Precious Metals Fund From 04/15/22

I had covered silver a couple of years ago. It is interesting to draw some conclusions at this point. Twenty-five months have passed; the gold to silver ratio subsided closer to its historical average. Jewelry and Industrial related above-ground stocks are understudied. This may l...

Over the past weeks, gold prices showed a remarkable resilience to the relentless rise in both nominal and real-interest rates. Gold prices were $1,829/ozt by the end of December 2021, when TIPS yields were -1.1%. Gold is pricing in slightly higher long term inflation expectations...

The war in Ukraine and associated sanctions against Russia increased gold’s appeal as both a safe haven and an inflation hedge. Most gold equities performed well during the month. Gold has established a new, positive trend, and is now consolidating its gains above the $1,90...

Bonds are hated right now and people want to believe yields will only go higher from here. Whether or not a recession will eventuate is not yet clear, but a material slowdown in growth is certainly what the leading indicators of the growth cycle are pointing to. The current inflat...

The dollar has been the world's reserve currency since 1944. That status is becoming more and more fragile. The results of loss of that status would be detrimental to all dollar holders, and positive only for dollar debtors with fixed-interest obligations. Gold has always been...

Jimmy Xu: Volatility has been more pronounced in fixed income than equities in 2022. Xu: Volatility is uneven across different asset classes. Xu: We have been creating diversification through the use of options, especially in the equity space. For further details see: Wh...

Gold’s Q1 performance was primarily driven by rapidly rising inflation, higher interest rates, and unexpected geopolitical risk. The post-COVID economic recovery and supply-side disruptions, which have been exacerbated by the Russia–Ukraine war, will likely keep inflatio...

On March 25, 2022, the Bank of Russia announced that it would set a fixed price for gold purchases made with rubles beginning March 28th through June 30th, 2022. London markets have refused to accept Russian bullion for some weeks now. Despite the clamor of incorrect headlines reg...

Inflation expectations have kept the Federal Reserve center stage as they commenced their interest rate rising cycle in March. The war in Ukraine and Omicron’s spread in China impacted inflation and supply chains differently, but both delay supply chain normalization. Regar...

Gold’s rally over the past 12 months failed to break through its $2080 price level. After retreating back to $200, gold seems to have found support at the $1900 level. GLD now appears to have broken out of its accumulation phase and seems to be preparing to trade above the $194...