ETFs vs coins; an interesting struggle Background Gold and silver both put on a strong bullish performance last week as the dollar, after several months in the fast lane, juddered to a halt (if only temporarily) There is already some talk in the markets about how the long dollar-long yield trade may be coming to […]
Coininvest round-up Monday 18th July 2022
Gold now in a net short on COMEX Managed Money Silver Managed Money short at over a three-year high We have seen another big sell-off in gold and silver and this time it was triggered by the U.S. Consumer Price Index (CPI), which was released on Wednesday 13th and then compounded by a high Producer […]
Coininvest round-up Monday 11th July 2022
When everyone’s going one way, we’re getting to a turning point Silver Managed Money short at over a three-year high Last week saw a major wash-out in both gold and silver as the markets finally buckled under the head of pressure that was building up and the increasingly negative technical picture. While the U.S. markets […]
Coininvest round-up Monday 20th June 2022
Gold holds steady while all around it fails Last week, with the Federal Open Market Committee front-loading rate hikes and the European Central Bank holding an emergency meeting only one week after its scheduled June meeting, equity markets plummeted with the S&P 500 losing almost 9%, although the European markets, while still in the red, […]
Coininvest round-up Monday 13th June 2022
We noted last week that the U.S. yield curve was nearing inversion; well now we are at the tipping point, with the two-year and ten-year rates level. A yield curve inversion reflects risk-off sentiment with particular respect to fears of a recession. Investors tend to buy the long-term bonds with a view to locking in […]