DZZ News and Press, DB Gold Double Short ETN due February 15 2038 From 02/27/20

By Gregor Spilker At last, gold bugs have something to celebrate. In February, the yellow metal broke through $1,650, a level not seen since 2013, when gold entered a prolonged bear market. What is driving the gold price higher and how may market fundamentals influence its price in t...

Gold We use the Variable Changing Price Momentum Indicator (VC PMI) to analyze markets, including gold. Gold traded last at $1,653.90, which is confirming that the high that was made yesterday of $1,691.70 is a major area of resistance. It's a target that completed the VC PMI Sell 1 targ...

Gold is enjoying an awesome week, surging back above $1600 for the first time in nearly 7 years! That big round psychologically-heavy level is really catching traders’ attention, great improving sentiment. Yet this recent gold surge has proven peculiar. Unlike normal rallies, the buying...

The US dollar and Swiss franc are two of the leading and most respected foreign exchange instruments in the world. The dollar is the leading reserve currency because of the size of the US GDP and the long history of political and economic stability in the United States. The dollar is the leadi...

It didn't seem possible this time last year but, yes, $2020 gold is no longer a "pie in the sky" number. The adage "good as gold" actually means something again. Gold is currently the strongest commodity on the board with the exception of palladium. That gold is rallying in the face of a sur...

Ever since I have been calling for a strong continuation rally in gold since November of last year, I have had one naysayer post to me after another. I have had quite a number of them tell me that the COT presents too many commercial trader short positions to “allow” the metals...

After reaching a low at just over $250 per ounce around the turn of this century, the price of gold took off on the upside. Before the 2008 global financial crisis, the yellow metal had already reached a new record level at $1033.90 per ounce. Gold had never traded above the $875 level before ...

Originally published on 19/02/2020 An administrative amendment by the UK Statistics Authority has caused a meaningless anomaly in their precious metals trade statistics for 2019. Last week, an article titled "The Multibillion Mystery of the Great Gold Sale" was published by The Times ....

The dollar is the king of currencies. As the world's reserve currency, the US greenback is the foreign exchange instrument that central banks around the world hold as part of their reserves. At the same time, the dollar is the benchmark pricing mechanism for most commodities. Raw materials are...

Source The fear is back. It's easy to acknowledge how accurate Warren Buffett was to advise investors to be greedy when others are fearful, but putting it into action could turn out to be a much more difficult task than what many of us imagine. More often than not, events that disrupt mark...