GLL News and Press, ProShares UltraShort Gold From 05/31/21

Basel III agreement will come into force on June 28, 2021 for European banks and on January 1, 2022 for British banks. It includes the Net Stable Funding Ratio (NSFR) requirement. It will make holding unallocated gold problematic. But the NSFR requirement is bullish for allocated...

On May 12, it was revealed that the Consumer Price Index had risen 4.2% year-over-year, the fastest pace since 2008. According to the Bureau of Labor Statistics, in every month this year, the month-over-month change in prices has been greater than the change in the previous month. ...

A sea-change in cryptocurrencies’ market sentiment has taken place. In our analysis we have identified higher interest rates as the trigger that will burst the financial asset bubble. Therefore, we can say unequivocally and, without having to delve into monetary theory, pro...

Will the China and global recovery story continue to lift copper? Will gold price finally clear the $2,000/oz hurdle? Goldman Sachs calls for $80 oil this summer. For further details see: Will The Commodities Bulls Keep Running Even As China Warns Of Excessive Speculatio...

U.S. weekly jobless claims fell significantly last week. The number of Americans filing new claims fell more than expected last week. Experts attribute this decline in part to the easing of pandemic restrictions with the increasing number of Americans now vaccinated. The relief pa...

I believe that Bitcoin and other cryptocurrencies have been promoted by the establishment to make digital currencies popular and widely accepted by everyone. Supporting this notion is the recent announcement by the Fed that they are exploring the idea of their own digital currency, or...

Our job as #investors is to pay attention to the #stocks we own.  Part of that involves looking at the #fundamentals, but half of the disclosure comes from looking at price action. The (NYSE: GLL) data table below can help you with price action, and we have more details too...

The Fed is getting closer and closer to outright debt monetization which will put pressure on the US dollar. Call positions have declined substantially versus puts which is odd given we are so close to all-time highs. Gold is performing much better, and the US dollar is close to b...

Bitcoin has had two bear markets since mid-April. There was a 27% decline followed by a 27% rally, followed by last week’s rout. From its intraday peak in April to its intraday low last week, bitcoin fell over 53%. Is that the end of the sell-off? Doubts about the post-virus bo...

The Fed has enabled the monetary base to balloon by approximately 600% since 2008. While the price of gold has a close correlation with monetary base expansion, if gold had expanded by 600% since 2008, it would be at $5,600 now. Despite higher inflation, the Fed Funds rate and Tre...