SBUG News and Press, iPath Silver ETN From 08/30/22

Summary Silver had a massive run of gains leading up to August 2020. Two years later, silver has almost halved as investors have all but given up on the metal. Sentiment has collapsed to the most bearish readings in recent history. Silver Shock: As you might have...

Gold has broken through $1800 at least 10 times over the last two years, sometimes in an explosive fashion. Silver is similar to gold with the price ($19.07) also falling back below the 50 ($20.02) and 200 ($22.69) DMA. The gold miners have been very consistently leading the price...

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...

The energy sector led during the month of July, providing almost all of the positive performance due to a strong rally in natural gas prices. The heat wave from late June into early July in the lower Midwest U.S. killed cattle, quickly reducing supply. However, both cattle and hogs ra...

While Comex deliveries have been very elevated for over two years, most of the metal was going back and forth within the Comex vaults. The past few months have seen a major acceleration of gold leaving the Comex. Unlike gold, silver has not yet started leaving the Comex system in ...

Gold has broken out of its Bull Flag and has the 200-day moving average in its sights next. But Gold is becoming overbought in the short term. Silver has broken its 50-day moving average and hit a higher high. It is also becoming overbought. GDX continues to play catch-up with the...

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...

Huge insider selling combined with massive net fund inflows are two clear signals that U.S. equities are headed much lower, regardless of what they do in the short run. Whenever VIX goes below 20 it is safe to add to your short positions. The lower it goes below 20, the more aggressiv...

Unfortunately, Fed policy is the primary determinant of all markets these days, including precious metals and miners. Exactly as predicted, Silver ran into resistance at its 50-day moving average. GDX is the laggard of the group. By David Brady Courtesy of the Fe...

Despite the recent slowdown in debt issuance, the Treasury has added more than $1T in debt during the first 7 months of the year. The Fed hiking cycle has brought the weighted average interest rate up from 1.3% to 1.53%. 23bps may not sound like much, but on a $30.6T balance, that com...