PBUG News and Press, Barclays Bank PLC ZC SP ETN PERPETUAL USD From 07/16/22

My call for a 2020 top in gold was right. The price of gold is now testing a big support level. What are the catalysts for a drop to $1,400? There will be no hyperinflation. Back in April 2020, I said that the price of gold (XAUUSD:CUR) 'could be setting up for a...

From a risk-reward profile, the technical data is signaling a massive skew to the upside in Gold relative to the downside risk. Sentiment is still relatively neutral in Gold but falling fast. The Fed’s tightening policy and the activities of the Bullion Banks continue to pu...

On Wednesday, the Consumer Price Index came in at a 9.1% annual rate. The higher-than-expected reading puts the CPI at a new 41-year high. Businesses are also getting squeezed. On Thursday, the Producer Price Index showed wholesale costs rising at a massive 11.3% year-over-year. T...

Gold prices are most influenced by inflation-adjusted or “real” interest rates. Inflation expectations have fallen sharply since April, and so with real interest rates now measured in positive territory, COMEX gold prices have fallen too. The fed funds futures market...

Gold finds support in the $1,800 per ounce range as it enters a transitional stage. At present, the gold mining sector faces a particularly daunting challenge: establishing itself as an investable sector through all market cycles in order to attract a broader investor base. Gold p...

Why base metals are falling back to earth. Why the downward trend in metals is raising inflation fears. How inflation may weigh on the mining sector. Metals and mining stocks enjoyed strong gains in the first quarter of the year but are now sliding back. Greg Bar...

Throughout the year, the Federal Reserve Note has been gaining ground against the euro, the yen, and other fiat currencies. Currency markets may be overestimating the Fed’s willingness to continue tightening monetary policy aggressively. Market cycles are often driven based...

While resiliency is a positive sign for the economy, a strong job market will make it harder for the Fed to bring down inflation. The Labor Force Participation rate dropped back to 62.2%. YoY, this June is lower than last June by 185k jobs. Despite a job report that beat expectati...

It will be a busy week for Fed speak as Williams talks about LIBOR on Monday, Barkin discusses recession on Tuesday, Waller speaks on Thursday and Bostic talks on Friday. Energy traders will have a lot to keep their eye on next week as President Biden makes a trip to the Middle East a...

In the near term, gold will likely remain reactive to real rates, driven by the speed at which global central banks tighten monetary policy in an effort to control inflation. Inflation remains at historically high levels. The challenging environment has implications for consumer d...