WGLD News and Press, Units fractional undivided beneficial interest From 08/22/22

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 ...

While gold appears weak in the U.S., it is trending toward all-time-highs in most other developed economies. Gold's weakness in 2022 is primarily attributable to Europe and Japan's avoidance of interest rate hikes, which has boosted the U.S. dollar's relative value. In the future,...

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...

Gold fell below an important technical level of $1,800 per ounce in the first week of July, succumbing to relentless strength of the U.S. dollar as global recession fears drove investors to the greenback. Inflation data was, once again, ahead of estimates, as June’s U.S. Consum...

In India, as in other emerging countries, food makes up a much higher proportion of total household expenditure than it does in advanced economies. Aligned with rising bond yields across the globe, the Indian 10-year government bond yield has been on an upward trajectory since Decembe...

Gold recently went through a textbook 20% correction, and many quality gold miners got pummeled, dropping by 30-50% or more. While many analysts are modeling gold miners' earnings using stagnant or lower gold prices, the price of gold could move substantially higher in the coming year...