SLVO

Weekly Report: what happened at SLVO last week (0408-0412)?

Tighter Fundamentals And Geopolitics Are Pushing Commodities Higher

Home Market Outlook Commodities Tighter Fundamentals And Geopolitics Are Pushing Commodity Prices Higher. Oil market tightens as geopolitical risks grow. Europe exits winter with record natural gas storage. Copper is trading at its highest since the middle of 2022.

SLVO: If You Are Looking For A Rally In Silver, SLVO Is Not The Answer

The Credit Suisse X-Links Silver Shares Covered Call ETN offers exposure to silver but caps its upside to +6% monthly positive moves. 2024 has been marked by massive rallies in commodities, including oil, coffee, gold, and cocoa. The SLVO ETN has lost almost 40% of its value in the past five years. The fund's structure is inappropriate for a sudden rally in silver. Investors looking for silver to follow gold to the upside should look at the SLV ETF.

Credit Suisse X-Links Silver Shares Covered Call ETN declares $0.7516 dividend

Credit Suisse X-Links Silver Shares Covered Call ETN declares $0.7516 dividend. Payable April 25; for shareholders of record April 22; ex-div April 19. S&P 500 index up 0.3%.

Weekly Report: what happened at SLVO last week (0401-0405)?

UPDATE 2-UBS launches new $2 bln share buyback

Swiss bank UBS launches a share buyback programme of up to $2 billion. The scheme will begin on Wednesday and will run until 2026. UBS bought back $5.6 billion of shares in 2022. Most of the shares were used in last year's takeover of Credit Suisse.

Silver: Long-Awaited Bull Move Finally Approaching As Inventories Dwindle?

Silver prices have been disappointing for decades but may be inching closer to a bull move. Silver inventories have declined significantly in the past three years. Silver has been in a surplus for most of the past decade. The supply/demand situation for silver has changed in the last three years, with deficits exceeding surpluses. Inventories are still high compared to 2007.

Weekly Report: what happened at SLVO last week (0325-0329)?