RING News and Press, iShares MSCI Global Gold Miners ETF From 08/20/22

The S&P Materials index closed this trading week in red, down 1.95%, one of the top losers for the five-day period. The Materials Select Sector SPDR ( XLB ) also dropped 1.36%. The commodities market felt some pressure at the start of the week, after China's econ...

Gold has an inverse correlation to real yields, such that when real yields rise, Gold falls, and vice-versa. The RSI and the MACD are at extreme lows now that are consistent with the beginning of prior rallies in TIPS, i.e., far lower real yields, which typically translates into far h...

In my opinion, JPMorgan is withdrawing from the precious metals market. This year the bank has significantly cut its physical gold and silver holdings at the COMEX. I also think that most recently JPMorgan has strongly reduced its trading activity at the gold futures market. T...

Disclosures at a trial offer insights into JPMorgan's position and profits from precious metals trading over the past years. An acquittal for a salesperson; the managing director and senior trader face stiff sentences as convicted felons. JPMorgan's board of directors - can they a...

The S&P 500 on Friday recorded its fourth straight weekly gain , up 3.26% with 11 sectors closing in the green for the week. Energy was the top gainer, rising +9.32%, and the Energy Select Sector SPDR ETF ( XLE ) was up +7.38%. Copper prices continued their steady advanc...

Gold is not a speculation. It is opposite of that. It is a long-term "value" instrument and anchor amid a sea of speculative assets. Speculators impose their view of what gold "should" be to their frequent frustration. Gold miners, on the other hand, leverage gold's standing in th...

The latest seasonally adjusted inflation rate for July came in nearly flat at -0.03%. This was on the heels of a blisteringly hot June number of 1.35%. While inflation did surprise to the downside, it had been expected to be much lower due to the fall in oil and drop in gasoline price...

Gold fell below an important technical level of $1,800 per ounce in the first week of July, succumbing to relentless strength of the U.S. dollar as global recession fears drove investors to the greenback. Inflation data was, once again, ahead of estimates, as June’s U.S. Consum...

Systemic risks abound right now that, in my view, could favor allocations to physical gold and gold mining stocks. Today, real interest rates are as negative as they were in 1980, but so far, the gold price has remained below $1,800. Over the past three years through the end of Ju...

Gold recently went through a textbook 20% correction, and many quality gold miners got pummeled, dropping by 30-50% or more. While many analysts are modeling gold miners' earnings using stagnant or lower gold prices, the price of gold could move substantially higher in the coming year...