GLTR News and Press, Aberdeen Standard Physical Precious Metals Basket Shares From 11/13/22

Summary Central banks around the world just made a monumental statement, purchasing a record amount of gold this past quarter. One of my sector health gauges for precious metals is looking at cash as a percentage of market capitalization. Share prices for gold miners have decl...

Summary CPI numbers that are higher than expected will keep rate hikes front and center, whereas lower results than forecast would be supportive of even higher prices in metals and miners. The momentum displayed by the MACD is very bullish, but the RSI is close to being overbought...

Summary In today's issue of the 1-Minute Market Report, I examine the market bounce since the October low, and highlight the areas of the market that are leading the way higher. On Thursday, for every stock that was down, there were 26 that were up. For the first time since August...

Summary The current low gold price is no exception, as buyers in China, India, and UAE sense a bargain. Geopolitical risks continue to escalate. On the currency front, many have been tracking the dizzying rise in the dollar and the relentless declines in many other currencies ...

Summary The yellow metal is down 18.5% from its 52-week high set in the early spring but on the bright side, it has begun to break out of its downtrend. Gold has tested support at roughly around $1,620 at multiple points this fall. There has not been a higher high yet, meaning...

Summary As users of government-issued fiat currency, we have little choice but to trust policymakers’ economic and financial decisions, which may significantly impact the value of our money. The amount of money the U.S. government pays on interest alone now exceeds its defe...

Summary The Governor of the Dutch central bank stated the gold revaluation account ensures the solvency of his central bank in an interview on television about prospective losses. In recent years, Quantitative Easing (QE) has made DNB, and all other NCBs, create an abundance in ba...

Summary The Fed’s recent dollar and gold shock is ending. After hiking 375 basis points in six FOMC meetings, Fed officials are running out of room to keep going. Their federal-funds rate is nearing terminal-level projections, leaving little room for more hawkish surprises....

Summary Rising and positive real yields continue to be a major headwind for gold over the short term. However, this move in higher real yields is likely only temporary. From a technical, positioning and sentiment standpoint, we appear to be nearing an excellent long-term contraria...

Summary The gold market enters trading for the month of November on a losing streak. The primary fundamental impediment to higher metals prices is the lack of any respite from Federal Reserve rate hikes. Over time, gold prices respond inversely to the cumulative destruction of...