PBUG News and Press, Barclays Bank PLC ZC SP ETN PERPETUAL USD From 02/17/22

We have some mixed markets based on the news from Russia. All the tensions and rhetoric could be hiding what is beneath it all. If Russia invades Ukraine, Russian oil and gas may be kept off the market and crude oil could hit $100. We are starting to see that the global econom...

Gold’s worst periods of returns - whether relative or absolute - were the period from 1980 to 1999 and then again from 2012 to today. I personally believe the financial media has miscast gold and the GLD for decades as an inflation hedge when - if you actually look at the retur...

With January’s 7.5% headline CPI reading coming in as the highest inflation number in nearly 40 years, now seems an opportune time to assess the outlook for inflation. Understanding where inflation is heading is not only important from an economic perspective, but the direction...

The yellow metal has been trading in a narrower and narrower range. Gold can be seen as a currency that pays no interest on deposits. Getting gold to break out of its current range, might depend on one of these two forces, inflation, or rate expectations, gaining the upper hand. ...

Gold has been resilient at the $1800 level, even with China closed for this week in observance of the Lunar New Year. Premiums for sovereign minted silver bullion coins have risen considerably over the last few weeks. The Fed will eventually have to reverse its monetary policy sta...

The stock market can get a little crazy sometimes - out of control. The bond market is more in tune with the economy and takes a longer-term approach. The action in the bond market is telling us that there is trouble on the horizon. Credit spreads have increased, and the high yiel...

Rate hike expectations soared. The dollar has completely erased its gains and then some. Despite the volatility today, the risk of a deflationary event is rising, which would see peak everything. For further details see: Volatility Spikes, Deflationary Event Pending?

U.S. interest rates, the U.S. dollar, and the U.S. Federal Reserve remain gold’s dominant drivers. One of the defining characteristics of the lackluster gold market of the past year has been redemptions from gold bullion exchange-traded products. The realization of an econo...

The FOMC will begin to jack up the fed funds rate in March. The notion is that if the dollar rises, gold falls and vice versa. There are two periods in the past twenty years where the Fed hiked the fed funds rate to the point of financial market near-collapse. For further de...

The headlines today are related to inflation. Eurozone inflation hit new record highs of 5.1 percent putting pressure on central banks to raise rates. The markets are being affected. It is forcing many investors to liquidate their positions as a result of margin calls. The mar...