DZZ News and Press, DB Gold Double Short ETN due February 15 2038 From 08/16/21

Per the Morningstar performance data, gold’s 10-year return turned negative this week, to -0.21% as of Friday, August 13, 2021. In the worst decade for the S&P 500, since the 1930s, in the years from 2000 to 2009, when the S&P 500’s “average, annual”...

Gold's failure to respond positively over the past 12 months to the surge in inflation has been seen by many as a sign that the metal's bull market is over. However, deeply negative real interest rates, and the potential for them to move even lower as inflation rises, suggest that gol...

The price of gold flash-crashed earlier this week. Gold bug sources claim that the drop was $100, but as we can see from the price graph included in this report, the actual crash itself was about $70. The price of physical metal fell as hard as the price of paper futures - but dem...

The yield has risen from 1.12 to 1.35, which is a significant increase in a short time. There has also been a great deal of volatility in gold, bringing gold down to $1677.90 on August 9. The amount of stimulus required by the economy meant that the US dollar would weaken and we w...

The New Normal looks a lot like the Old Normal in that it is unknown and ever changing. All we can do is observe the present with clear eyes. For now, the economic outlook is still pretty good. It isn’t the boom everyone was expecting a few months ago, and it probably wonȁ...

A lot of volatility today on the jobless news that came out today. Job growth accelerated in July and the unemployment rate fell. The unemployment rate fell to 5.4%. In response, gold had a massive selloff. The economic news has brought the issue of tapering back onto the table. ...

The introduction of the net stable funding ratio (NSFR) as a central feature of Basel 3 regulations will have a major impact on derivative markets. There are two classes of gold derivative commonly dealt with, forwards and futures as well as options in both categories. Statistics ...

Most of the major asset classes continued to rise in July, led by US real estate investment trusts (REITs). US equities continued trending higher. The bull run also persisted for the Global Market Index (GMI) in July. For further details see: Major Asset Classes: July 20...

Stocks are expensive, and people aren’t buying because they want to but rather because they feel like they have to. When people say they are panicking into “the market”, what they really mean is they are panicking out of bank deposits or other safe assets. This pa...

The CFTC Commitment of Traders (COTs) report is released once a week and shows a breakdown of open interest by trader category. Open Interest can be a major factor in the metal price. Unless there is a run on the Comex, the trader positioning will continue to drive prices. It is i...