Bullion is a precious metal investment, offering protection against inflation and currency devaluation. It encompasses gold, silver, and platinum coins, bars, and rounds, providing diversification benefits. Central banks hold bullion as reserve assets during economic turmoil, and it can be purchased physically or through alternative investment options. Understanding its nuances is crucial for potential investors.
Leverage Shares has launched a series of Exchange-Traded Commodities (ETCs) on the London Stock Exchange, offering affordable exposure to West Texas Intermediate crude oil, Brent oil, natural gas, and copper. These ETCs are available in USD and pound sterling share classes and use futures to gain exposure to their commodities. All ETCs have an expense ratio of 0.35%.
I last wrote about platinum and the abrdn Physical Platinum Shares ETF (NYSEARCA:PPLT) on Seeking Alpha was in early December 2022. Nearby NYMEX platinum futures were at the $1,053 level, with the PPLT ETF trading at $96.24 per share. Ten months later, October platinum futures on the CME’s NYMEX division were trading at $968.70, 8% lower, and PPLT at $88.68 per share declined 7.9%.
Launching multi-sector fixed income funds in today’s environment makes sense, since managers can build portfolios yielding in excess of 5% with reduced market and credit risk. This is not a coincidence, with short term and
Like it or not, the alternative energy revolution is proceeding at breakneck speed and will continue to drive some key segments of the
We have covered BlackRock Multi-Sector Income Trust ( NYSE: BIT ) before here, and we have been quite impressed on how this CEF has navigated the rise in interest rates. Around half of the assets are
The sharp increase in volatility within the monetary system in recent weeks has pushed the price of gold much higher. Gold is now back above $2000/oz and is nearly breaking above the resistance level its held
While U.S. recessions lead to falling bond yields in the U.S. and, typically, the rest of the developed world, the limited scope for interest rate cuts in Japan causes a relative tightening in Japanese monetary policy, driving
Of the six periods, Mr. Ferguson identifies in his article, the three periods in which the value of the U.S. dollar is rising, the U.S. economy is growing well, the inflation rate is low, and the price of gold is also low. Mr.
US-listed REITs posted the strongest gain for the major asset classes in last week’s mostly quiet trading, based on a set of ETF proxies.A key headwind for REITs is rising interest rates, which poses competition for the relatively high payout rates for real estate securities.Comparing the major asset classes through a drawdown lens continues to show relatively steep declines from previous peaks for markets around the world.
The long-term demand picture for silver is strongly bullish because of two distinct drivers: monetary debasement and increased industrial use for the green energy transition.The short-term demand picture could be challenged by economic weakness, a hawkish shift in monetary policy expectations, and a stronger dollar.The supply picture is mixed, with new supply entering over the next few years, before gradually declining.From a technical perspective, silver seems poised to consolidate, before resuming its rise.
Similarly, the iPath Series B Bloomberg Sugar Subindex Total Return ETN (SGG) returned 7.80% in a week. This week, the Global X MSCI Nigeria ETF (NGE), an ETF that exclusively targets Nigerian equities,
“Thirty years ago, thinking about the relative risks and rewards of fixed income sectors, I realized that agency mortgage-backed securities offered superior characteristics versus U.S. Treasury bonds or corporate
In fact, we see in figure 1 that inflation spikes have been associated with some of the worst stock and bond returns we have seen over a very long period of time, with 2022 a case in point. Commodities have historically
