SLVO News and Press, Credit Suisse X-Links Silver Call ETN IOPV From 04/22/23

2023-04-22 11:09:00 ET Summary We got the long-awaited pullback and nailed the lows at ~1980 and ~24.75. Much of it depends on bond yields and the DXY in the short term, but the May 3 FOMC meeting will be the true determinant. Although a test of the record high of $2089 in Aug...

2023-04-21 13:29:56 ET Summary Imagine stocks or funds that pay-out their dividends once-a-month! Unlike waiting for quarterly, semi-annual or (ugh) annual payouts, your angst waiting for money is reduced by 300%, or more! These April U.S. exchange-traded monthly-paid (MoPay) divi...

2023-04-21 04:40:00 ET Summary In the first half of Thursday’s session, gold climbed higher as the bulls looked to recapture and form a base around $2000, a level which, like March last year, has again proved to be a tough nut to crack. It remains to be seen whether it can ...

2023-04-21 02:44:00 ET Summary After 11 months of consistent net outflows, gold has finally seen some modest inflows of 700K ounces in April. The daily activity has been fairly muted except for two large moves of 643k ounces and 578K ounces from Eligible to Registered. Outflow...

2023-04-18 03:19:47 ET Summary It’s believed that to meet the Biden admin's new emissions goal, two out of every three passenger vehicles manufactured in the U.S. would need to be electric models by 2032. A typical electric vehicle, including its battery, contains 207 kilog...

2023-04-14 02:45:00 ET Summary I don’t know if we are going to get a pullback or not. Everything but the fundamentals suggests we should. A pause in Fed policy would signal risk on for everything but the dollar over the next few months. Meanwhile, Gold can remain overbought...

2023-04-13 04:03:00 ET Summary Real yields look to be in the process of peaking for this cycle, meaning we are likely in the early innings of a renewed bull market in precious metals. Another key ingredient to a sustained bull market for the yellow rock is a bear market in the gre...

2023-04-13 02:45:00 ET Summary The UBS Constant Maturity Commodity Index (CMCI) was down slightly in the first quarter of 2023, declining by 1.15%. On a relative basis, CMCI had a good quarter compared to the Bloomberg Commodity Index (BCOM). BCOM declined by 5.36% in the quarter ...

2023-04-06 11:10:00 ET Summary US JOLTS Job Openings and Factory Orders both came in weaker than expected. The data raised concerns about a recession and thereby reduced the probability of further policy tightening from the Fed. Market participants appear not too concerned about t...

2023-04-05 04:57:00 ET Summary The latest JOLTS job openings report showed a dramatic slowdown in the U.S. labor market. In early January, our 2023 "macrocast" projected a demonstrable economic slowdown and recession by summer. Breakout rallies in COMEX gold and silver are com...