GLL News and Press, ProShares UltraShort Gold From 01/11/21

From a fundamental point of view, the actions in Washington the past week have been unprecedented. However, stocks continue to move up in the face of all the uncertainty politically. After the unrest in Washington, there may be another wave of cases from that event. We are beg...

Momentum tendencies suggest that gold’s recent rally will carry through 2021. Dollar weakness is strongly indicative that gold will rally for at least the next 12 months. Seasonal tendencies suggest that gold’s rally will continue in the shorter time frame. For...

Gold markets are trading under pressure even while record highs have been established in both bitcoin and the Dow Jones Industrial Average. Gold prices have fallen below key levels ($1,900 per ounce) and investors want to know which assets are likely to outperform as safe haven assets...

Given the economic, health and political crises occurring, it does not make sense that we are seeing record levels in the stock market. Major fiscal issues including interest rates need to be resolved. Leaders do not appear to be showing any inclination to change current policies ...

As we enter 2021, gold bugs will need to factor into their analysis the coronavirus, Brexit, and the arrival of Joe Biden in the White House. The amount of money required for the epic task of vaccinating entire nations will be enormous necessitating a huge increase in fiat currencies....

As our latest Asset Allocation Outlook discusses in detail, we expect profit growth will accelerate, and the improvement in fundamentals should bode well for risk markets and cyclical assets in particular. We remain overweight equities in our multi-asset portfolios and select areas of...

Rapid money supply growth due to large US fiscal deficits has created a rapidly weakening US Dollar. US gold production has fallen to 1988 levels; Australian gold production will likely peak by 2021 and global production has likely already peaked. Based on historical ratios, and s...

The differential selling in the dominant gold ETFs looks to be slowing. The GLD+IAU holdings draws spawned by gold’s latest correction are moderating now that it has passed. Gold's subsequent upleg can accelerate after differential gold-ETF-share selling pressure ends. When tha...

Although gold and silver will finish 2020 below their highs for the year, gold is still headed for an annual return of close to 25%; silver around 45%. Assuming economic conditions begin normalizing next year, we would expect demand - especially from industrial users - to increase. ...

The Yield Curve/Federal Funds Rate Timer signals the switches from stocks to gold and vice versa near or during recession periods. Only three parameters are needed; the Effective Federal Funds Rate and the 2-year and 10-year U.S. Treasury yields to determine the periods when the yield...