FlowBank

1339 days ago

JP Morgan: Gold rally to continue

JPM Commodity desk: "Gold continues to price in a steep $185-200/oz premium to real yields as we see other factors at play that liken this to the 2011 rally in precious metals. JP Morgan's Economic Data Surprise Index (EDSI) has been tracking lower since late Spring, and although not yet negative as we saw in 2011H1, its downward trend is weighing on the dollar and 10yr nominal yields. They think there remains plenty of room for gold to rally and possibly pick up an even greater premium to real yields as RoW growth starts to outpace the US"

#Commodities
JP Morgan on Gold

1339 days ago

Best year for Gold since early '70s

This year has been gold’s best year-to-date performance since the early 1970s. Back then, we entered a secular bull market for precious metals - source: Crescat Capital

#Commodities
Best year for gold

1339 days ago

Gold and negative yielding debt

The total amount of negative-yielding debt in the world is breaking out of a very similar downtrend as it did in 2018. With fewer and fewer 'safe' assets offering investors a positive yield, a breakout here could be a massive boost to precious metals - source: The Bear Traps Report

#Bonds #Commodities
Gold and NIRP

1340 days ago

The four equity bull markets of 2020

Within global equities, bull markets have been taking place in four different segments: (i) Big Tech, (ii) Green investments, (iii) Precious metals, and (iv) Chinese equities. And of these, precious metal miners have outperformed all other asset classes year-to-date - source: Gavekal, worldoutofwhack.com

#Stocks #Commodities
4 bull equity markets

1340 days ago

Signs of life for Natural Gas

Natural gas is surging today with the UNG (United States Natural Gas Fund, LP) ETF up 15% and breaking the downward slopping trend line - source: The Market Ear

#Commodities
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