This just isn't the same #gold market as a few short months ago. Gold does not hedge against liquidity and deleveraging dynamics, which are now counterintuitively weighing on prices despite the risk-off trading environment and meltdown in yields. Listen into this great conversation with andrew bell on BNN Bloomberg, where we discussed how the positioning landscape under the hood is also concerning. Not only are macro funds well positioned, but flows following the considerable miss in jobs data tell us they are also tapped out for the time being. Systematic funds are 'max long', with a low bar for outflows. Asian speculators are also vulnerable, with near-record positions held in precious metals as a currency-depreciation hedge, the driver of which is now unwinding. In this context, gold markets are vulnerable to a rise in yields that could potential morph the recent risk-off trading activity into a widespread #deleveraging event. TD Securities #TDCommodities #TDStrategy
Daniel Ghali, CFA’s Post
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As seen in Newsweek, CBS News, Yahoo Finance, Nasdaq.com, Benzinga, PYMNTS, Comparison Adviser, and GOBankingRates -- Visionary mindset |Retired Discretionary Portfolio Manager/Financial Advisor | US Army Combat Veteran
Food for thought: Commodities (Gold and Oil Derivatives) • Adoption Period: Early 2000s for ETFs, but derivatives date back to the 1970s. • Institutional Inflows: SPDR Gold Shares ETF (GLD) launched in 2004 and became the fastest-growing ETF, amassing $20 billion within its first year. • Key Drivers: Inflation hedging and risk management. • Historical Context: Gold-backed ETFs brought liquidity to commodities, much like tokenized commodities aim to do now.
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Should be interesting when the professional investment community wakes up to the merits of owning gold relative to sovereign debt financial assets!
In contrast to the gold market's behavior: Instead of price surges while general investors lag in positioning, the Treasuries' ETF maintains near-record assets under management despite declining prices. This trend reflects years of conditioning to prioritize fixed income for hedging substantial equity exposure, overlooking ownership of gold. We are witnessing a profound transition from sovereign debt instruments to a neutral asset with centuries of credibility as a haven alternative, namely gold.
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In contrast to the gold market's behavior: Instead of price surges while general investors lag in positioning, the Treasuries' ETF maintains near-record assets under management despite declining prices. This trend reflects years of conditioning to prioritize fixed income for hedging substantial equity exposure, overlooking ownership of gold. We are witnessing a profound transition from sovereign debt instruments to a neutral asset with centuries of credibility as a haven alternative, namely gold.
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💼Are you ready to strike gold? 🏛️JPMorgan has spoken: gold emerges as the top pick in commodities, with prices aiming for the coveted $2,500 mark. 📊Dive into the golden opportunity and ride the wave of potential profits in this ever-evolving market landscape. ⏳Don't miss your chance to capitalize on the glittering potential of gold investment. Gain valuable insights from JPMorgan's expertise and stay ahead of the curve. 💡Join the ranks of savvy investors flocking to gold as the ultimate hedge against uncertainty & explore the dynamics driving this lucrative investment trend and position yourself for success. #GoldInvestment #JPMorganInsights #CommodityMarket #FinancialForecast #InvestingGoals #PreciousMetals #MarketTrends #EconomicOutlook #WealthManagement #FinancialStrategy
Gold Is JPMorgan’s Top Pick in Commodities With Price Eyeing $2,500
bloomberg.com
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Author 6 books, 800 articles, 100+ public talks, 8,888+ connections, Top expert on Inflation Investing. Originator of the Global Bifurcation Theory in geopolitics.
In high inflation environments, the correct approach is to short bonds (covered in the 4 books that I've written on inflation investing). It can take a long time, and substantial losses before the status quo investors catch on though.
In contrast to the gold market's behavior: Instead of price surges while general investors lag in positioning, the Treasuries' ETF maintains near-record assets under management despite declining prices. This trend reflects years of conditioning to prioritize fixed income for hedging substantial equity exposure, overlooking ownership of gold. We are witnessing a profound transition from sovereign debt instruments to a neutral asset with centuries of credibility as a haven alternative, namely gold.
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The Gold market is heavily influenced by current geopolitical tensions. The ongoing conflict has created uncertainty that is driving demand for gold, as investors seek safe-haven assets amid rising risks. Given the situation gold markets are expected to remain robust as countries look to diversify their risk exposure. This video outlines Gold Outlook in the current market dynamics. Mutual Fund investments are subject to market risks, read all scheme related documents carefully. #GoldMutualFunds #QuantumAMC #MutualFunds #Quantummutualfunds #SimpleInvestmentSolutions #Investwithoutstress #ForAndByThoughtfulInvestors #investorfirst #InvestwithQuantum #Thoughtfulinvesting #Assetallocation #Diversification #financialplanning #investments
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Global volatility and hopes of a soft landing have increased the demand for gold, sending its spot price to an all time high. However, its safe haven S-curve nature highlights that its price level is driven by speculation as opposed to bonds that pay coupons, or equities which strongly derive their performance from earnings. According to the graph below, this results in gold having similar volatility to US and developed market equities, but with significantly less return. This reiterates that its long-term value in portfolios are limited and that understanding the factors behind its price movements are more effective in unpacking investor sentiment. Chart source: J.P. Morgan Asset Management #Commodities #DFM #GlobalVolatility #ChartOfTheWeek
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Don’t overthink commodity diversification. With $COMB, you can access a broad array of commodities in a single fund. For important risk disclosures, learn more at https://buff.ly/401GPLT
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Don’t overthink commodity diversification. With $COMB, you can access a broad array of commodities in a single fund. For important risk disclosures, learn more at https://buff.ly/401GPLT
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🚀Get ready to strike gold! JPMorgan names gold as the top pick in commodities, with prices aiming for $2,500. Dive into the golden opportunity and ride the wave of potential profits. Secure your investment in the shining star of the market! #GoldRush #InvestmentOpportunity #JPMorganInsights #CommodityMarket #FinancialSuccess #GoldInvestment #JPMorgan #CommodityMarket #InvestingGoals #FinancialForecast
Gold Is JPMorgan’s Top Pick in Commodities With Price Eyeing $2,500
bloomberg.com
