UGLD News and Press, VelocityShares 3x Long Gold ETN Linked to the S&P GSCI® Gold Index ER From 05/08/20

via Bloomberg's Eric Balchunas More news on: SPDR Gold Trust ETF, iShares Gold Trust ETF, Sprott Physical Gold Trust, Commodities news, News on ETFs, Read more ...

Original post By Stuart Burns Something peculiar is going on in the precious metals markets. The Financial Times reports on the dramatic rise in silver ETF holdings as investors bet on a rally in silver after the gap between gold and the industrial metal soared to its widest...

Gold Fundamentals The volatility of the market has allowed us to trade the technical aspects of the market as well as the strong fundamental picture that it is building. It is a perfect storm for the precious metals, especially for gold. The collapse from $1704 to $1450 was a historic coll...

The data As more and more data are being collected about COVID-19, it is becoming ever more clear that there is no reason for the majority of Americans to be confined to their homes. The stock market may be pricing in a return to sanity and a return to work. When states reopen bars, rest...

Last week, we concluded that in the short term, gold's technicals were implying weaker prices. This week, despite gold rising on Monday, the technical trend is still lower: RSI trending lower. MACD diverging to the downside. Stochastic still has a way to go before it is in oversold ter...

The price of gold dropped $29 and the price of silver dropped $0.27. We'll get back to where we think the prices are likely to go in a bit. In recent reports , we've looked at the elevated bid-ask spread in gold (though not nearly as elevated as some goldbugs would have you believe) and the...

The ProShares UltraPro Short S&P 500 ETF ( SPXU ) is one of the most popular instruments to short the broad market for trading or hedging purposes. However, its daily leverage factor is a source of drift. It must be closely monitored to detect changes in the drift regime. This article expl...

Fundamentals We are seeing a lot of volatility because of some recent fundamental news that just came out. US jobless claims soared past 30 million. Europe is also reeling. The crisis is unmatched since the 1930s. There is growing pressure to lift restrictions that are choking the economy....

Gold: A Safe Haven or Risk-On Trade? The arguments for holding gold in a portfolio are compelling today. The first reason is that investors prefer hard assets in a crisis period. Historically, in a crisis periods, real assets tend to hold their value better than financials assets. This is ...

Video Transcript Hello and welcome to Asset TV. The coronavirus health crisis has led to historic sell-offs and a flight to safety. Joining us today to discuss gold is Joe Foster, Portfolio Manager at VanEck. Joe, thanks for being with us. Joe Foster: Hello, Jenna. It's nice to be h...