GLL News and Press, ProShares UltraShort Gold From 02/19/21

Gold stocks look to be retesting their correction lows, dragged back down by gold doing the same thing. The resulting drawdowns are really trying psychologically, as is the resulting bearishness. Yet technically both the metal and its miners' stocks are carving low consolidations, str...

Gold has historically performed well during times of market stress. After studying prior bull markets in gold, we identified three significant economic factors that have historically provided some insight into the future direction of gold prices. Policymakers have been remarkably ...

Gold prices have recently fallen below the $1,800 level, which is a key psychological price zone. Gold investors are lost, and there seems to be no immediate catalyst that can send prices higher. A sizable break of critical support zones could lead to panic selling and produce fur...

Central banks and hedge funds still have massive short positions in the Comex Exchange, which exceed $38 billion. A shortage of supply of gold and silver, especially for large deliveries is increasing. The catalyst for this market exploding to the upside is not Reddit or WallStree...

Economic growth is returning to almost every country in the world, and almost all commodity prices are rising. The thing to worry about is the direction of fiscal policy, which will almost certainly bring us higher taxes, increased regulatory burdens, and more expensive energy. Fo...

Both opportunity and risk assessments can be drawn from looking at the price action in Proshares Ultrashort Gold (NYSE: GLL).   This is a practice commonly referred to as reading the charts.  The summary data for GLL below demonstrates this, and there are trading plans th...

Gold had a strong start to the year, moving to its monthly high of $1,959 per ounce on January 6. Reddit/WallStreetBets is the first black swan phenomenon since the COVID crash. Weighing the pros and cons, we believe history provides the best guide. For further details see: ...

The speed at which rigged markets unravel can be extremely rapid. If a central bank issues additional fiat, a rational holder will assume its purchasing power in future will be less than that of the present. For a cryptocurrency like bitcoin to be accepted as money. it must be fre...

On Wednesday, both copper and platinum rallied up to multi-year highs. Pollution-scrubbing devices require specialty metals to do the job - namely, platinum, palladium, and/or rhodium. Given the growing inflation risks from unprecedented government and Federal Reserve "stimulus" c...

Gold is a classic play to preserve wealth in times of inflation or uncertainty. The Federal government has been growing the money supply much faster than the economy but it has not caused inflation because it has not circulated. The new stimulus packages in Congress will likely ch...