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

Real yields and Gold are inversely correlated. Real yield and gold rose together, which is atypical but not extraordinary in the short term. Financial markets are reaching extremes that could precipitate a systemic collapse or another reversal by the Fed to more stimulus. Fo...

Earlier this week, the yield on the 30-year Treasury rose above 3% for the first time since April 2019 as the carnage in the bond market continues. The 30-year yield needs to climb another 5.5% just to get to the breakeven point with inflation. Given this inflationary environment,...

A multi-year high in the US Dollar seems to be no problem for the price of gold. Rising real yields, typically a bearish macro driver, have not stopped the shiny metal. Stock market sentiment is pessimistic and bond flows are downright bearish. Amid a rebound in commodities, gold ...

The ProShares Ultra Silver ETF is generally a bad fit for my long-term growth strategy, but I can see the case for holding a small position today. The current environment of currency devaluation and rampant inflation should be bullish for silver. So far, the precious metal has underpe...

The risk of double-digit inflation is real, as soaring commodity and agricultural input prices could have lagging and lasting effects on food prices. Cash is a traditional alternative to U.S. Treasuries from a diversification standpoint, but soaring inflation limits its typical store ...

The conflict between Russia and Ukraine has created extensive challenges for the auto industry’s supply chain, which had yet to normalize post-COVID. Chip manufacturers have built up several months of neon gas inventory, while OEM factories in Eastern Europe are sourcing altern...

Longtime precious metal investors will recognize that these expirations almost always bring price volatility, and the month of April will be no different. Trade at Settlement volume has surged on schedule in April. We should all be very excited about where prices are headed in the...

The war in Ukraine continues to put stress on global food and commodity supply chains. The mainstream media does not appear to be giving this issue enough attention. Just as supply chain issues caused by the pandemic were beginning to ease, now the war in Ukraine is causing more s...

From palladium to wheat, disruptions are already putting upward pressure on prices across a range of everyday products, heightening macroeconomic and market risks over the coming quarters. Ukraine and Russia are major exporters of palladium, nickel, grains, and other resources that ar...

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...