GLL News and Press, ProShares UltraShort Gold From 02/01/21

Gold prices rallied 25% in 2020 after having gained 19% the year before. Real-interest rate expectations are a combination of long-term rates (10-year yields) and the market's long-term inflation expectations. As nominal interest rates were already very low in early 2020, there wa...

I am not a permabull on silver (I was bearish in summer 2016) but right now I see that silver's bullish momentum is justified and supported by multiple other indicators. Rallies often begin with short covering, and as long as the silver rally continues and more shorts are forced to co...

If there is one catalyst that drives the price of gold higher, it's negative real rates. Bond yields are at historical lows creating a condition for deeper negative real rates as inflation heats up. I forecast inflation to run 3%+ by Spring and that would potentially create negati...

The fundamentals for precious metals are highly favorable. Yesterday Fed Reserve Governor Powell said they are going to leave interest rates as is. We are going to see low rates for a long time. There's tremendous cheap money available and the markets appear to have taken a bullis...

In short, assets can be both priced and valued, commodities can be roughly valued but are mostly priced and currencies and collectibles can only be priced. The broad commodity indices (WCI and GSCI) saw significant drops between February 14 and March 23, and recoveries in the months a...

World gold production dropped by 5.4% in 2020 according to preliminary estimates released by GlobalData last week. Historically, mine production has generally increased every year since the 1970s. The pandemic notwithstanding, the biggest problem facing miners is that the easy to ...

The fate of the stock market and the outlook for gold are more intertwined than most realize. A bear market in U.S. equities seems inevitable within a short enough time frame to warrant acquiring meaningful exposure to uncorrelated assets such as gold. Gold mining stocks possess v...

I believe that there's a relatively high probability of another big move in the precious metals sector is coming. Without question, both metals could, and probably will, move much higher before some type of reset occurs that reincorporates gold and silver in the global monetary system...

Understanding where the gold market is and how it got here helps us make intelligent forecasts on where it's headed. After two previous secular bull markets, we're now in the early days of a new one, likely to outpace any we've witnessed before thanks to limitless money-printing. ...

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 ...