$XAU XAG $PLAT As the COVID-19 pandemic erupted, so too did demand for newly minted platinum, gold, and silver coins from the US Mint. In times of crisis and doubt, investors move some assets to safe-havens. The demand is so high it is currently stripping the Mint’s supply. And if history is any indicator, it […]
$XAU $GLD $USD Volatile stock markets and the outbreak of the coronavirus helped drive holdings in gold-backed ETFs to record highs in Y 2020. The buying is a clear indication of the prominent role of gold ETFs in investors’ portfolios, especially during periods of uncertainty and panic. Gold-backed ETFs saw $4.9-B of inflows in February, […]
$DIA, $SPY, $SOX, Investors heavily exposed to US stocks just had their best week YTD. But the rebound has raised several questions related to market behavior, policy and economics. How they are answered will prove consequential not only for market prospects but for the global economy. And, notwithstanding the lack of decisive answers at this stage, […]
$GLD, $XAU FLASH: China’s PBoC is on a Gold buying spree as Asia’s Top economy expanded its Gold reserves for a 4th month running, adding to investors’ optimism that central banks from around the world will press on with a drive to build up holdings. June Gold settled today’s session rose $6.00 (+0.5%) to $1301.55/oz […]
$GLD, $XAU, $USD By Jared Dillan There is a lot of strong feelings about gold. Some people think it has no utility. Other people have pretty reasoned arguments about how gold maintains purchasing power across the centuries. It was in a bubble 8 years ago that sucked a lot of people in. There were some sketch-ball […]
The World’s Central Bank’s Demand for Gold at 3-year Highs $GLD, $GBP, $EUR, $CNY The world’s Central banks’ demand for gold reached a three year high, rising 8% during 1-H of Y 2018 compared to the same frame last year, according to a World Gold Council (WGC) market update on central bank buying activity released […]
Asia’s Super Rich Advised to Add More Gold to Portfolios $GLD, $USD Gold has been hammered lately, and some advisers are telling their wealthy clients to take advantage of lower prices and add to their stockpile to protect assets against pounding equity markets. Advisers to Asia’s super rich think their clients should put more of their […]
Confidence Has Returned To Investors in Wake of Trump’s Election $SPY, $DIA, $UBS Just 2 weeks before the US Presidential election, 50% of wealthy investors were fearful of turmoil in the stock markets. Many either pulled some of their money out or moved it into more conservative investments, according to a survey by UBS Wealth […]
Experts See Gold Rally Extending $GLD, $SLV Gold has rallied strongly YTD with recent world events pushing it higher as anxious investors seek its safety and preservation of wealth and buying power. From Britain’s sudden exit from the EU, to the most contentious Presidential election seasons in US history, to ISIS terrorist attacks, the only […]
Friday Is Russell Index Adjustment + Brexit Announcement Day $DIA, $SPY, $QQQ, $VXX Friday could be Wild on Wall Street as traders react to the vote on British membership in the EU and adjust their portfolios to the annual reconstitution of Russell stock indexes. The annual FTSE Russell index adjustment, in which stocks are added […]