PBUG News and Press, Barclays Bank PLC ZC SP ETN PERPETUAL USD

Summary Gold is nearing its strongest buy signal in four months as the U.S. dollar eases off a rally that’s carried the greenback to its highest point since early January. Gold is under pressure from the dollar, which has made gains against a basket of world currencies on economi...

Summary After gold broke through solid resistance at $1800, it didn’t waste much time blasting through $1900 before running out of gas at around $1950. Silver led gold higher and then led it lower. Any short-term traders in the precious metals have gotten beaten up badly over...

Summary Gold has a history of adding meaningful diversification in a broad portfolio asset allocation strategy. Gold is historically uncorrelated with other major asset classes such as stocks and bonds. Gold has been in a sustained uptrend dating back to the mid-2010s. The gold-...

Summary I’ve noticed a very simple stair-step pattern in the trend of gold prices over the past 25 years or so. The action in gold prices over the past couple of years or so has formed yet another consolidation range. If the bull phase that began in 2016 is to continue, gold ...

Summary The key to this year's forecast is remembering how the COMEX metals traded in prior years where a Fed monetary change was pending. Though recent economic data suggest that this eventual "pause and pivot" may be delayed until late summer or autumn, for long-term metal investors, ...

Summary Gold has seen 10 straight months of outflows from the Comex vaults. Platinum took it on the chin in January, and the Comex had to scramble to restock supplies. On Jan 26, before the recent sell-off in gold, the amount of paper gold for each Registered physical ounce was 4.6....

Summary Gold prices have finally succumbed to the fundamental downside pressures that I outlined last month. While the recent price drop has eased some of the metal's short-term overvaluation, its fair value has inched further down as US inflation-linked bond yields have resumed their r...

Summary The US dollar was a significant contributor to gold’s 6.1% January gain, followed by a drop in US Treasury yields. Since the net short low in September 2022, gold has gained 15%. Global gold ETFs have surprisingly stayed on the sidelines during the rally, but North Am...

Summary You need to get ready for the next run above 2000 in Gold and possibly 30 in Silver. Miners will soar even higher in percentage terms. DXY rallied on a dovish ECB, pushing the euro down and DXY higher. The RSI is approaching extreme oversold levels at ~30. The MACD Histogram...

Summary With the CPI losing the relief from cooling energy prices, this month showed a solid uptick in prices, coming in at 0.54% (~6.6% annualized). One concerning thing about the most recent print is that many categories sit above the current 12-month trend. The Fed has been reloa...