PBUG News and Press, Barclays Bank PLC ZC SP ETN PERPETUAL USD From 12/13/22

Summary Ole Hansen believes gold could hit $3,000/oz in the coming year on a number of factors. Central bankers and finance ministers may be all about fiat currency, but behind the scenes, they’re gobbling up the yellow metal at the fastest pace in living memory. The yield cu...

Summary Despite very strong jewelry demand out of China and India and a Q3 2022 quarterly record of 400 tons of gold purchased by central banks around the world, the gold price was under pressure due to weak Investment demand. Gold has a historically strong correlation with negative rea...

Summary Since the middle of 2022 until now, gold has become decidedly inversely correlated with the U.S. dollar. On the latest downswing in the dollar, gold began its latest run. Taking a look at key reasons why this inverse correlation is likely to continue. Over long per...

Summary Avoiding envy, and its associated pitfalls, is one of the simple secrets to a successful investment portfolio. Value once again outperformed Growth in the last week. After closing below the 200-day moving average for two weeks running, the US Dollar seems firmly entrenched i...

Summary I am structurally bullish on gold and oil with a multi-year timeframe. Between the two, gold likely has the advantage fundamentally and in terms of current momentum over the next 6-12 months. This is part of our Stock Waves' "Where Fundamentals Meets Technicals" short-form t...

Summary Gold stocks are surging back, mean reverting out of recent extreme stock-panic-grade lows. They are nicely amplifying gold’s parallel upleg, which has been fueled by big gold-futures short covering. With the Fed out of room to keep shocking markets with its extreme tighte...

Summary Going forward, this interplay between inflation and central bank intervention will be key in determining the outlook for 2023 and gold’s performance. In the US, markets expect the Fed to start cutting rates in the second half of 2023. If 2023 is to bring us a mild rec...

Summary Most people do not know how to properly invest in metals. The market has been in a two-year consolidation. We're seeing signs that the consolidation is almost done, and a major rally is about to begin. When I was younger, I was taught that if you cannot say somethi...

Summary Gold is commonly considered to be a safe-haven asset and a hedge against risky assets like stocks. Year-to-date, gold has not behaved like the risk-off asset some expected. That could be due to interest rates or the U.S. dollar, but the bigger question is if gold is a low-ri...

Summary Many times over the years, we’ve argued that gold and the world’s most important equity index (SPX) are at opposite ends of a virtual investment seesaw. During long periods when trust/confidence is high or trending upward, increases in the money supply will t...