UGLD News and Press, VelocityShares 3x Long Gold ETN Linked to the S&P GSCI® Gold Index ER From 06/05/20

By SchiffGold US stock markets continued their inexplicable rally despite the economic destruction wrought by the coronavirus-induced shutdown. The S&P 500 is only down about 3.5% on the year and the Nasdaq is actually up. As a result, a lot of investors seem to be getting out of safe ...

A new bull market in equities has removed some of the sheen from gold, leaving some to wonder if the gold bull is dying. But while worries over the U.S. economic outlook are dwindling, worries over U.S. and global social unrest have emerged to keep gold’s safety factor intact. At the sa...

Gold Fundamentals As we look at the spot price of gold at $1699.90 ask and the futures price in the futures market at $1703.2 bid based on the August delivery. If we go back a couple of months, this spread was as wide as $80, which meant that people who wanted to take physical delivery in ...

Gold-backed ETFs added 154 metric tons of the metal for net inflows of $8.5B to their stockpile in May, exceeding in five months every full-year increase on record , according to new data from the World Gold Council. More news on: SPDR Gold Trust ETF, iShares Gold Trust ETF, Sprott Physic...

Gold and gold stocks are likely to be top performers in the 2020s. Gold will rise as central banks and governments increase money supply causing inflation in assets. Gold also could rise later in the decade as supplies flatten. That's the abbreviated gold thesis. The longer version is here...

Investment Thesis Since March's broad selldown, Gold ( XAUUSD:CUR ) has seen a recovery of 17.91% from $1467.40 to $1730.35 (As of 31 May). Along the way, it even reached 52 weeks high of 1764.75 on the 18th of May. As a reference, the highest spot price of gold was $1830.55 when the Greek...

Gold miners ( GDX -3.5% ) are a notable laggard as gold futures ( XAUUSD:CUR ) fall amid improving investor risk sentiment from economic recovery hopes and U.S. private payrolls showed fewer job losses than forecast. More news on: VanEck Vectors Gold Miners ETF, Gold Spot Price, Barric...

We use the proprietary Variable Changing Price Momentum Indicator (VC PMI) to analyze markets. The VC PMI is based on artificial intelligence and an advanced algorithm. It can be used to trade stocks, ETFs, futures or options. We specialize in the precious metals and the E-mini, looking for da...

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...

Since the creation of the Federal Reserve in 1913, the stock market has outperformed gold and silver significantly. Here is a great chart (from longtermtrends.net) that proves this: The S&P 500 is in red, the Dow in blue and gold and silver in their native colours. The outperforman...