GLL News and Press, ProShares UltraShort Gold From 06/21/21

Policymakers at the Federal Reserve advised Wednesday that interest rates would rise from record lows sometime in 2023, updating an earlier forecast of rises not until 2024. In the absence of any other driving dynamic, markets are taking direction from the dollar. The positive tak...

Next week is filled with Fed speak that could show more policymakers are turning hawkish given the Fed’s overall surprise with pricing pressures this year. Currency markets are bracing for potentially more dollar momentum as the Fed has signaled they are now not willing to tole...

The US Fed acknowledged that financial conditions and inflation expectations had rebounded faster than they had predicted, and they now expect to increase their presently near-nil policy rates twice in 2023. Against the commodity-centric loonie, the greenback bounced off the $1.20 dow...

Gold's selloff in response to the mere acknowledgement from the Fed that higher inflation would result in minor interest rate hikes over a year from now seems like an overreaction. Despite the slight increase in real government yields following the news, they remain close to all-time ...

Gold is facing extreme volatility with a recent selloff sparked by the fallout from the June Fed Meeting. The combination of a strong macro growth environment along with a narrative that recent inflationary trends are temporary limits the attraction of precious metals. The breakdo...

Alternative monies like gold and bitcoin generate more controversy than most other asset classes. This article sheds light on why a sizable minority of people like them. The last section takes a look at relative valuations and various pricing environments. For further detail...

The global commodities complex continued to receive strong investor support over the past month as the world economy entered unfamiliar territory. All forms of transportation are experiencing delays (some intermittently), including ocean freight, air freight, trucking and rail. Ri...

There has been ample talk and plenty of anecdotal evidence of inflation this year, none of which has seemed to elicit much of a response from gold…until this month, that is. Market measures of five-year inflation expectations are currently in the 2.5% to 3.0% range, which is in...

We expect the price of services to join the bull market in commodities soon. Bitcoin is considered an inflation hedge and store of value due to its guaranteed scarcity. Could Bitcoin turn on a dime and head higher? Bitcoin may be a paradise for traders comfortable with big swi...

Regardless of the inflationary rhetoric we hear, the 10-year note is down to 1.53. Interest rates are not going up on the short end of the market, which is bullish for gold. We are seeing shortages in almost every sector of the economy. Food prices are also rising, globally. The k...