GLDW News and Press, SPDR Long Dollar Gold Trust From 04/07/20

Written on Sunday, April 5, 2020. All prices mentioned in the article are as of the same date, unless stated otherwise. Students of economic history will no doubt have been fascinated to see the gold/silver ratio increase to over 125 to 1 on March 18, 2020, meaningfully above its former a...

The damage spreads It's not only restaurateurs refusing (unable) to pay rent. As in the early 1930s, deflationary problems are rearing their head more broadly. As an example, see this report Sunday from Seeking Alpha: Honeywell pressures suppliers to cut prices 30% - Barron's H...

Introduction The spread of the coronavirus has wreaked misery and havoc across the globe. National governments everywhere are implementing various containment measures to halt the spread of this deadly disease. No one disputes the need to put health before wealth as trillions of dollars ...

By Scott Bauer At A Glance Traditionally, gold has had a negative correlation with equities making it a go-to in times of market stress The U.S. 10-Year note gained 8% in March as the S&P 500 fell more than 20%. During periods of panic and volatility, traders and investors lo...

The precious metals sector of the commodities market posted a loss over the first quarter of 2020 despite gains in palladium and gold. Rhodium moved higher, but silver and platinum both fell sharply. The spectacular rise in digital currencies throughout 2017 came to a brutal end in 2018 as...

By John Corcoran, Senior Client Portfolio Manager Changes in the macroeconomic and geopolitical environment have made these assets more attractive. Gold and precious metals mining equities - as represented by the Philadelphia Gold & Silver Index or XAU - have suffered in the mark...

The real risk of the economic crisis lies in the time it takes for money to reach the real economy, Roger Hirst said during today’s Real Vision Daily Briefing. Fiscal takes time and the monetary conduit is not an easy one to the real world, he said, while discussing the impact ...

The Germans are hoarding gold. I estimate that the Germans own 9000 tonnes in private gold-nearly as much gold as the French and Italians have combined. What is their motivation? We must distinguish monetary gold from non-monetary gold or private gold. Monetary authorities like central banks...

The Fed seems to have managed to halt the massive dollar squeeze and the associated strength in nominal yields and real-interest rate expectations. This has led to a reversal of the rather peculiar gold sell-off that started in early March. We think this short-term win for the Fed to come at t...

Commodity demand reflected in futures - and ETF - prices. No doubt about it: the COVID-19 outbreak has wreaked havoc on worldwide markets. While demand surges, albeit raggedly, for safe-haven assets such as gold, equities have been slammed. A double whammy has been dished on the oil market...