GLL News and Press, ProShares UltraShort Gold From 01/25/21

Gold is trading over 5% below the level implied by its close correlation with inflation-linked bonds, suggesting short-term upside for the metal. The strong correlation reflects the tendency for investors to view gold as an alternative to fiat currency and we do not see this changing ...

Long silver positions and ETFs rose to a record Thursday of 912,058 troy ounces. However, long gold positions are being liquidated, as long positions fell to 5¾ month low on December 22. For the VC PMI monthly, the Buy 1 level of $1816 is very close to the $1810 level. That's...

Many traders seem frustrated by the lack of follow-through in gold in comparison to Bitcoin. Bitcoin is not going to replace gold, but it's confirming that people are looking for alternatives to the US dollar. As we print unlimited amounts of money, it does not bode well for the v...

Interest for gold has been plunging in recent months amid rising optimism over the vaccine campaign combined with the reopening of the economy. A stronger USD and deflation risk could limit the upside gain on the precious metal in the short term. However, gold offers good protecti...

Gold plays a critical role in preserving wealth and should be considered in a context beyond a securities portfolio. The long-history of gold and correlation to real interest rates make gold a sound proxy on the price of money. Gold also serves a separate role in a diversified sec...

The differences between gold and bitcoin are far more significant than any similarities. Bitcoin 'bubbled' with the stock market in 2020. We still could be a few months away from a major top for speculation in general, so at this time, it is still better to be 'long' consumable co...

The year 2021 has begun poorly for us beleaguered precious metal investors, and it's enough to make you crazy, as nearly everything is moving in directions contrary to what common sense would predict. The internationally-recognized price of gold (and silver) is NOT based upon any sort...

We believe that gold is going to go much higher. The commodity markets are starting to explode. The lockdown globally and locally has destroyed the supply chain. We could be reaching 10% of GDP just on stimulus, which is $23 trillion or more. For further details see: ...

While many stocks and asset classes continue to proceed higher, gold and gold miners have been underperforming for a while now. So, is the "gold trade" over? Rising rates and other temporary factors have put a dent in gold prices. However, it's not all about rates. Why the...

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...