DBP

Gold Market Update

Gold recently became extremely overbought in momentum terms against all major fiat currencies. The probability is high that the gold price has either just set a multi-month price top or will soon do so. The euro, the Yen, the Swiss franc, and the Canadian dollar recently became as stretched to the downside relative to gold as they have been in 15 years.

Mainstream Fund Managers Jumping On The Gold Bandwagon

Big money managers are starting to jump on the gold bandwagon as inflation worries grow. Over the last few weeks, gold held its ground despite a strong dollar and rising bond yields. 83 percent of big fund managers are now long precious metals. The Federal Reserve isn’t winning the inflation fight.

Is There Really A Shortage In Silver?

Silver Institute released its 2024 World Silver Survey last week. Silver demand outstripped supply in 2023, for the fifth year in a row. The forecast for 2024 indicates that the annual production shortfall will nearly double to 265 million ounces. Silver prices have finally begun playing some catchup to gold.

Gold And Bitcoin Rallies Vs. U.S. Dollar Strength

Bubble Up: The Everything, Everywhere Bubble

Home Market Outlook Economy Analysis Bubble Up: The Everything, Everywhere Bubble. Investors face a challenging landscape with fiscal dominance pushing bond yields and inflation. Rising interest rates aim to curb inflation but can hurt stock valuations and bond prices. We are in the euphoria phase of an AI bubble.

Weekly Report: what happened at DBP last week (0415-0419)?

Don't Fight The Central Banks, Consider Buying Gold

Gold has performed strongly in 2024 despite inflation and high interest rates, challenging historical norms. Central banks have been buying gold in droves. Investors are turning to "real" assets like gold as hedges against political uncertainty, war, and recessions. Investors should not fight the central banks, consider buying gold.

Silver Demand Outstrips Supply For Third Straight Year