DGP News and Press, DB Gold Double Long ETN due February 15 2038 From 09/02/21

Remarkably, in a speech on monetary policy given at the Jackson Hole conference last Friday, Jay Powell never mentioned money, money supply, M1 or M2. With the Biden administration unable to reduce its budget deficit, a rising interest rate environment, reflecting price inflation, is ...

A recent study by the World Gold Council (WGC) shows that a gold allocation of 10% helped improve risk-adjusted returns over the past 20 years. In July, consumer prices rose 5.4% compared to last year, the second straight month of inflation over 5%. Franco-Nevada, Wheaton Precious...

The winning streak for American shares rolled on in August. US stocks rose for a seventh straight month and posted the strongest gain for the major asset classes. US bonds also lost ground in August. The Bloomberg Aggregate Bond Index slipped 0.2%, the first monthly decline for the be...

Following the economic disruption of the COVID-19 pandemic and the unprecedented stimulus response, supply bottlenecks and a rebound in demand have been a feature of 2021. We observe that a diversified portfolio approach has had the highest correlation to upside inflation and the leas...

The measuring stick is critical when determining whether an asset is in a bull market. If a measuring stick is losing value at a fast enough pace, then almost everything will appear to be in a bull market relative to it. That’s where the gold/SPX ratio (the US$ gold price divid...

Melek: Data suggests oil demand we expected in Q3 and early part of Q4 may not materialize indicating markets are a lot less tight than we thought. Melek: Oil inventories drawdowns likely to abate. Melek: We still like oil around US$66-68/barrel. For further details see: ...

The upcoming week is all about the Federal Reserve’s symposium in Jackson Hole, Wyoming. Government regulatory risk continues to dominate China equity markets, this time with President Xi pushing an agenda of wealth redistribution from rich to poor. Global macro weakness ha...

After the pandemic’s initial spending splurge, the bill is due, and global growth is mean-reverting again. Treasury yields are confirming the disinflationary ride as we thought that they should. Similar trends are unfolding in the great hot north, with Canadian government b...

Contrary to the popular belief, Gold has been and continues to be an excellent addition to equity portfolios. As risks for the existing monetary regime continue to mount, the case for holding the precious metal over the long term strengthens. Knowing when to add to existing positi...

The monetary system is in the process of resetting itself. Since last March when the pandemic broke the system, we have been in a time of change and resetting. A tremendous amount of stimulus has come into the market on top of a $28+ trillion debt load, which seems to be having little...