DZZ News and Press, DB Gold Double Short ETN due February 15 2038 From 05/27/21

U.S. weekly jobless claims fell significantly last week. The number of Americans filing new claims fell more than expected last week. Experts attribute this decline in part to the easing of pandemic restrictions with the increasing number of Americans now vaccinated. The relief pa...

I believe that Bitcoin and other cryptocurrencies have been promoted by the establishment to make digital currencies popular and widely accepted by everyone. Supporting this notion is the recent announcement by the Fed that they are exploring the idea of their own digital currency, or...

The Fed is getting closer and closer to outright debt monetization which will put pressure on the US dollar. Call positions have declined substantially versus puts which is odd given we are so close to all-time highs. Gold is performing much better, and the US dollar is close to b...

Bitcoin has had two bear markets since mid-April. There was a 27% decline followed by a 27% rally, followed by last week’s rout. From its intraday peak in April to its intraday low last week, bitcoin fell over 53%. Is that the end of the sell-off? Doubts about the post-virus bo...

The Fed has enabled the monetary base to balloon by approximately 600% since 2008. While the price of gold has a close correlation with monetary base expansion, if gold had expanded by 600% since 2008, it would be at $5,600 now. Despite higher inflation, the Fed Funds rate and Tre...

We're now seeing a resurgence of above average inflation and I believe it will only get worse. It's important to understand that inflation is almost always on the rise over a 12-month period, but not all inflation is the same. During periods of high inflation accompanied by negati...

The stock market is overvalued by every historical valuation metric. Market psychology reflects an optimism bordering on a casino mentality. Forget predicting the next recession or correction, we are poised for another “lost decade” in the market. Pattern recogni...

The near-term outlook for inflation continues to suggest a temporary spike, reflecting an adjustment higher in price levels as the global economy recovers from the effects of the pandemic. In Europe, we expect GDP to normalize to pre-pandemic levels in 2022, with inflation remaining l...

Gold’s response to changes in U.S. Treasury yields persisted through April, as prices trended to a monthly high of $1,798 per ounce on the 22nd while, at the same time, 10-Year yields fell to a monthly low of 1.53%. To end the month, yields reversed course from their lows and g...

Commodities are on the move. Copper is at an eight-year high and lumber has tripled in a year’s time. When asked about Bitcoin’s meteoric rise, Bob Iaccino commented that “Bitcoin appears to respond to global currency devaluation.” I believe this is the mos...