GLL News and Press, ProShares UltraShort Gold From 01/19/21

One aspect of the markets that is not mentioned in the mainstream media is that gold turned in its best year since 2010. The deteriorating health of the economy and financial system was exacerbated by the virus crisis. Currency depreciation through an expansion in the money supply...

A study of lease rates for lending/borrowing gold and silver in the bank bullion market can provide clues to price direction. Both of the monetary metals are in a bullish position, although their lease rate patterns are slightly different. The COVID-19 economic fallout, with sharp...

With massive fiscal and monetary stimulus to hit the U.S. this year and the need to cap bond yields, the biggest casualty is likely to be the dollar. In the short term, both metals remain under pressure from a paper futures perspective. Given that the forecast stimulus-on-steroids...

Precious metals have underlying support from the expectations that President-elect Biden will spend trillions of dollars to support the economy. This will further weaken the dollar, increase the risk of inflation, and raise the price of gold and silver. Inflation is already here, ...

A parabolic move in the digital currency. Gold and silver back off. Open interest falls. Gold and silver are in long-term bull markets. Liquidity and stimulus are rocket fuel for precious metals. Buy those dips. Why I favor GDXJ. For further details see: Bitcoin ...

Gold gained 25.1% or $381/oz in 2020, its largest annual percentage gain in ten years. Gold stocks also tumbled as investors sought to raise cash for margin calls, redemptions and risk-off positioning. Gold miners' performance outpaced gold for most of the year, despite some conso...

Volatility in gold is increasing as we deal with trying to resolve the political, health and economic crises. Unrest will continue to cause extreme volatility in the markets, including gold. Political concerns have overtaken pandemic concerns. Even so, the pandemic continues to da...

The stock market made an all-time high in its first week of 2021, shrugging off the violence, and the Treasury market recaptured 1% on the 10-year note, closing the week at 1.12%. Furthermore, there is no pressure in the junk bond market, which, rightly or wrongly, assumes that with t...

Let's begin by looking at the recent trend in the 10-year rate. The rise to 1.15% yesterday (Jan. 11) marks the highest level since last March. Although REIT returns and the 10-year yield are closely connected at times, overall the relationship reflects a correlation of about 0.10. ...

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...