PBUG News and Press, Barclays Bank PLC ZC SP ETN PERPETUAL USD From 04/22/22

Real yields and Gold are inversely correlated. Real yield and gold rose together, which is atypical but not extraordinary in the short term. Financial markets are reaching extremes that could precipitate a systemic collapse or another reversal by the Fed to more stimulus. Fo...

Earlier this week, the yield on the 30-year Treasury rose above 3% for the first time since April 2019 as the carnage in the bond market continues. The 30-year yield needs to climb another 5.5% just to get to the breakeven point with inflation. Given this inflationary environment,...

A multi-year high in the US Dollar seems to be no problem for the price of gold. Rising real yields, typically a bearish macro driver, have not stopped the shiny metal. Stock market sentiment is pessimistic and bond flows are downright bearish. Amid a rebound in commodities, gold ...

The risk of double-digit inflation is real, as soaring commodity and agricultural input prices could have lagging and lasting effects on food prices. Cash is a traditional alternative to U.S. Treasuries from a diversification standpoint, but soaring inflation limits its typical store ...

Longtime precious metal investors will recognize that these expirations almost always bring price volatility, and the month of April will be no different. Trade at Settlement volume has surged on schedule in April. We should all be very excited about where prices are headed in the...

The war in Ukraine continues to put stress on global food and commodity supply chains. The mainstream media does not appear to be giving this issue enough attention. Just as supply chain issues caused by the pandemic were beginning to ease, now the war in Ukraine is causing more s...

Over the past weeks, gold prices showed a remarkable resilience to the relentless rise in both nominal and real-interest rates. Gold prices were $1,829/ozt by the end of December 2021, when TIPS yields were -1.1%. Gold is pricing in slightly higher long term inflation expectations...

The war in Ukraine and associated sanctions against Russia increased gold’s appeal as both a safe haven and an inflation hedge. Most gold equities performed well during the month. Gold has established a new, positive trend, and is now consolidating its gains above the $1,90...

Bonds are hated right now and people want to believe yields will only go higher from here. Whether or not a recession will eventuate is not yet clear, but a material slowdown in growth is certainly what the leading indicators of the growth cycle are pointing to. The current inflat...

The dollar has been the world's reserve currency since 1944. That status is becoming more and more fragile. The results of loss of that status would be detrimental to all dollar holders, and positive only for dollar debtors with fixed-interest obligations. Gold has always been...