DZZ News and Press, DB Gold Double Short ETN due February 15 2038 From 03/09/21

Rising rates are such a problem for gold bullion that gold bullion and major gold stocks are where they were before the COVID pandemic crashed the U.S. stock market at this time last year. In other words, they have wiped out all the pandemic gains. The bid in the dollar is significant...

We think that last year's US recession ended in June plus/minus one month, making it the shortest recession in US history. The latest data indicate that the recovery is well and truly intact. The ISM NOI leads Industrial Production (IP), so it isn't surprising that the year-over-year ...

As financial markets sold off this week, precious metals got dragged down in the selling. The culprit, once again, was rising bond yields. Despite inflation showing up in oil prices and elsewhere in the economy, gold and silver trading markets aren’t really reflecting that real...

Gold moves inverse to real yields. Powell has indicated inflation is set to rise. Technical setup in gold teases a reversal. For further details see: If Gold Hasn't Bottomed Already, It's Close

We're still dealing with the dichotomy between the paper and physical precious metals markets. There's a shortage of silver and a tightening physical gold market, yet the paper price goes down. The market is reacting to the fact that in early January the 10-year note was at less t...

Gold’s vexing selloff in recent months was totally momentum-driven. It had nothing to do with fundamentals, which remain strong for gold. Extreme gold-futures selling erupted in early January after a key technical level failed, hammering gold lower. That plummeting scared Ameri...

The 10-year bond yield is falling in most developed countries. The US got up to almost 147.70 a few days ago, which caused the stock market sell-off and gold and silver came down to the levels where we are. The market is afraid that if interest rates rise, gold will collapse. It's...

Interest rates on the 10-year note increased last week. It's an indication of what the stimulus policy is doing to the purchasing power of the US dollar. It's showing that all of the stimulus is going to be inflationary. The rise caught stocks and others by surprise, triggering a ...

The true fundamentals have been trending in a gold-bearish direction since early-October of last year, which is a large part of the reason that the gold price has been in a downward trend for the past several months. Credit spreads are one useful measure of economic confidence, with w...

Bonds were selling off, stocks were selling off, commodities were rallying. What really happened last week was the market's real growth expectations improved. What investors should have learned last week is that diversification does indeed work and it works when you need it most. ...