USCI News and Press, United States Commodity Index Fund ETV From 06/02/21

The major asset classes delivered across-the-board gains for a second month in a row in May. Everything apart from cash was up last month, led by a sizzling rally in foreign inflation-linked government bonds. The FTSE Russell World Inflation Index ex-US surged 4.0% last month, the...

The debate is raging: Is inflation “transitory”, or are we seeing the foundation for a more lasting inflation problem coming into being? It may be the most important fork in the road for investors in years. The Fed has painted itself into a corner where all potential outcomes mu...

This is a truly singular global recession and recovery, and it makes portfolio diversification both vital and challenging. At the moment, the item that tops the agenda for most of our clients is no big surprise: inflation, and what to do about it in portfolios. Inflation is usuall...

China’s “zero tolerance” warning to commodity speculators over the weekend sent prices of some metals and iron ore tumbling. Bloomberg reported the government had also threatened severe punishment for violators indulging in excessive speculation and fake news in t...

Over the past year of record financial stimulants and job loss, food prices have risen for 11 consecutive months, according to the Food and Agriculture Organization of the United Nations. This matters a lot in developing countries where food costs can account for more than 30% of hous...

Some analysts have started to speak of the possibility of a new commodity price ‘super-cycle’ after the downturn since 2011. Although it is always possible to find moments of joint fluctuation, in which commodities remain for a long time above or below their long-term tr...

Bitcoin has had two bear markets since mid-April. There was a 27% decline followed by a 27% rally, followed by last week’s rout. From its intraday peak in April to its intraday low last week, bitcoin fell over 53%. Is that the end of the sell-off? Doubts about the post-virus bo...

Will the 2021 great commodities boom continue? Are we at the start of a commodities supercyle? Commodities as a hedge to inflation. For further details see: The 2021 Great Commodities Boom: Metals, Crops And Energy Prices Rise

I am now arguing that we are in the early stages of a monetary policy mistake that the Fed is committing. I first cover the state of fiscal policy, which has deteriorated like never before. Spending is essentially out of control and off the charts. Inflation is fully expected to a...

Commodity prices lead inflation expectations, and inflation readings are a lagging economic indicator. After an 8.7% annualized GDP growth rate between 2008 and 2013, China’s growth target over the next 5 years has dropped to 5.3%. The other major reason we suspect inflatio...