DZZ News and Press, DB Gold Double Short ETN due February 15 2038 From 09/11/21

The focus in the US shifts from the labor market to pricing pressures. EU economic and financial affairs ministers are meeting in Slovenia. The meeting concludes on Saturday, September 11. The UK releases August unemployment claims and the unemployment rate on Tuesday. For f...

The University of Michigan Consumer Sentiment Index is at its lowest level since 2011. Retail sales dropped 1.1%, which includes inflation. So, in real terms, the drop was 1.5%, which is a huge drop in one month. Consumers' inflation expectations are increasing, so they feel they ...

The unemployment numbers came out and surprised everyone on the Street. Now we will see how the Fed is going to manage this situation. Talk of tapering has been political rhetoric. For further details see: Gold: It's Time For The Metal To Shine

The August nonfarm payroll report showed the delta variant hit to the economy is just beginning. Next week is all about Fed speak. ECB meetings are about to get far more interesting. It is a quiet week for economic data, with Wednesday’s JOLTS job openings reading for July,...

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: ...