The fall from the July high is gathering momentum, with prices extending lower into the end of the year. This is keeping both Gold and Silver under pressure, suggesting investors will maintain an underweight stance. Whilst prices are also weakening relative to the broad based Commodities Index, managers are now moving cash into both Base Metals and...
PowerShares DB Precious Metals (DBP) is showing signs of reversing its rally that began in December 2013. DBP has rallied 10% or more 32 times in the past seven years with the average period lasting 11 weeks. Last week may have signaled the end of the 33rd rally as share prices failed to trade higher than it did in the previous week for the first time in 11...