JJPFF News and Press, iPath Bloomberg Precious Metals Subindex Total Return SM Index ETN From 05/23/24

2024-05-23 03:10:00 ET Summary Chinese private sector gold imports accounted for 543 tonnes in the first quarter, while the People’s Bank of China (PBoC) added 189 tonnes to its reserves over this time horizon. I expect that China will remain a robust buyer of gold going fo...

2024-05-22 12:30:00 ET Summary Recent data indicates the US economy has been cooling modestly and disinflationary progress has resumed, which should help hasten the start of rate cuts. There is a significant amount of cash that is likely to start moving to stock and bonds once the...

2024-05-21 14:55:00 ET Summary The white metal has outperformed gold in this gold bull market. Last week, silver charted an 11 percent gain, cracking $30 an ounce for the first time in over a decade. Despite the recent gains, silver is still underpriced compared to gold. ...

2024-05-21 06:30:00 ET Summary Freddie Mac has put forward a proposal that would enable it to buy second-lien mortgages, which could inject as much as $850 billion into the economy. If Fannie Mae were to follow suit, the total amount injected could be close to $2 trillion. Preside...

2024-05-17 12:20:00 ET Summary Gold had another good month in April, posting a 4% gain and ending the month at US$2,307/oz. Unlike March, gold finished off its intra-month high from probable buyer reticence and profit taking – reflected in falling Chinese premia, lower Indi...

2024-05-17 09:20:00 ET Summary The demand for gold continues to rise as uncertainty around interest rates and geopolitical stability have more traders turning to safe-haven assets. April average daily volume for Micro Gold and Micro Silver futures increased 119% and 162% month ove...

2024-05-15 16:00:00 ET Summary Right now we're in the very difficult part of the inflation cycle. When you look at equities, we think the traditional value segments of the market are going to start to perform well. We think real assets are absolutely essential within your asse...

2024-05-14 08:50:00 ET Summary Gold’s strength continued in April, with the spot price of the metal repeatedly reaching new highs throughout the month. This year, we are starting to see a decoupling between Fed path expectations and gold. We believe the return of Wester...

2024-05-14 00:15:00 ET Summary While oversimplifying any formula in the financial markets tends to backfire more often than not, good inflation numbers tend to deliver new highs for the S&P 500. My thesis is that we put in a bottom in April, which should, hold with a dovish Fe...

2024-05-13 21:01:46 ET Summary Gold is forecasting a more virulent economic backdrop for Q4 - H1, 2025 as it starts to outperform cyclical markets. The gold mining industry is counter-cyclical and leverages gold's macro relationships during inflationary trends. Gold's status r...