GLDI News and Press, Credit Suisse X-Links Gold Shares Covered Call ETN From 06/02/24

2024-06-02 07:20:00 ET Summary Crescat is a global macro asset management firm. We develop tactical investment themes based on proprietary value-driven models. Our mission is to grow and protect wealth by capitalizing on the most compelling macro themes of our time. The current co...

UBS Group AG announced on May 31, 2024, that it has completed the merger of UBS AG and Credit Suisse AG (the “ Parent Bank Merger ” or “ PBM ”). At the effective time of the PBM, Credit Suisse AG was deregistered in the Commercial Register of the Canton of ...

2024-05-31 11:50:00 ET Summary Michael Lee, financial services industry veteran and founder of Michael Lee Strategy, discusses the outlook for stocks, gold, and cryptocurrencies. Michael thinks the economy will avoid recession, even as inflation remains sticky, and that this shoul...

2024-05-31 03:15:00 ET Summary Sturdy central bank gold buying since 2009 and a rising gold price has grown the precious metal’s share of global international reserves to the detriment of fiat currencies. By the end of 2023, gold surpassed the euro and the next fiat currenc...

2024-05-30 11:15:00 ET Summary Over the last few weeks, the price of gold has reached record highs. Despite the marked increase in interest from institutional investors, activity across gold ETFs remains muted. Given the current level of geopolitical risk, ongoing conflict, an...

2024-05-29 08:15:00 ET Summary The Reserve Bank of India has been steadily and consistently accumulating more gold on a monthly basis. Dealers in China are charging $20 to $25 per ounce above the global spot price. According to the World Gold Council, total global demand for g...

2024-05-28 08:05:00 ET Summary While it is not the time to be making any kind of significant bear case for risk assets, I think we are reaching the stage in the cycle where most of the easy money has been made. The dollar, oil, and input prices all remain fairly stable and are far...

2024-05-27 07:00:00 ET Summary Pete Najarian, co-founder of Market Rebellion, discusses the current state of the economy, Fed policy, and the impact on the markets. Pete never bought into the "5, 6, 7 Fed cut" talk in early 2024 - but thinks the market largely has the Fed right no...

2024-05-23 03:10:00 ET Summary Chinese private sector gold imports accounted for 543 tonnes in the first quarter, while the People’s Bank of China (PBoC) added 189 tonnes to its reserves over this time horizon. I expect that China will remain a robust buyer of gold going fo...

2024-05-22 12:30:00 ET Summary Recent data indicates the US economy has been cooling modestly and disinflationary progress has resumed, which should help hasten the start of rate cuts. There is a significant amount of cash that is likely to start moving to stock and bonds once the...