FlowBank

1136 days ago

Potential commodity supercycle ? SPPP ETF Hedge:

The Sprott Physical Platinum and Palladium trust SPPP could continue surge. The return to lower interest rates has also continued to support demand for physical assets, which tend to exhibit an inverse relationship to interest rates since investors are less apt to hold raw materials when bonds offer higher yields in a rising rate environment. Commodity markets may be about to embark on another supercycle – a multi-year, broad-based, and usually large increase in prices. Source: ETFTrends.com

#Commodities

1136 days ago

Is selling gold to buy bitcoin a good idea?

Gold ETF holdings are dropping, while outstanding shares for Grayscale Bitcoin Trust are rising. Is this a sound trade-off, or are we only seeing short-term gambling?

#Commodities
Is selling gold to buy bitcoin a good idea?

1136 days ago

Anglo American Platinum to increase mine output

Amplats, as the company is known, is targeting a 20% jump in production to about 3.6 million ounces by 2030 as it mechanizes mines in South Africa. The increase would mainly be driven by an expansion of its giant Mogalakwena operation. Source: Yahoo

#Commodities

1136 days ago

Gold rises on inflation fears

Gold rose more than 1.5% to a near one-week high on Monday, as expectations for rising inflation triggered equity valuation concerns and drove investors toward the safe-haven metal, while a weaker U.S. dollar lent further support. Spot gold was up 1.5% at $1,808.16 an ounce by 1:46 p.m. EST (1846 GMT), after hitting its highest level since Feb. 16 in the session. U.S. gold futures settled up 1.7% at $1,808.40. Source: Yahoo

#Commodities

1136 days ago

The GSCI precious metals index has fallen by 1.7% in the past month

Source: Macro Markets Daily

#Commodities
The GSCI precious metals index has fallen by 1.7% in the past month
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