UBS ETRACS CMCI Gold Total Return ETN
 (UBG)

- NYSEARCA
What's your position on ?
Bullish
Bearish
Why are you ish?
Skip
Post
You voted ish on Vote again
Posts appear on the My Feed page of subscribers to this ticker
Last vote:
  • Nov. 27, 2015, 2:15 PM
    | Nov. 27, 2015, 2:15 PM | 144 Comments
  • Nov. 27, 2015, 5:29 AM
    • Gold is hovering close to its lowest level in nearly six years, weakened by strength in the dollar, expectations of a U.S. rate hike next month and news of lower gold imports into China.
    • If the decline holds, the yellow metal will record its sixth consecutive week of losses, the longest such streak since August.
    • Bullion for immediate delivery -0.6% at $1,063.30.
    • ETFs: GLD, IAU, PHYS, SGOL, UGL, DGP, GTU, GLL, UGLD, DZZ, GLDI, OUNZ, DGL, DGZ, DGLD, GEUR, UBG, GYEN, QGLDX
    | Nov. 27, 2015, 5:29 AM | 19 Comments
  • Nov. 23, 2015, 5:28 AM
    • Crude continued to drop further on Monday, as part of a wider decline in commodity prices and renewed concerns of oversupply with OPEC likely to ramp up output at its next meeting on Dec. 4.
    • "Oil prices may drop to as low as the mid-$20s a barrel unless OPEC takes action to stabilize the market," Venezuelan Oil Minister Eulogio Del Pino declared.
    • The slump is also heavily biting into industrial and precious metals: Copper is now below $4,500 a metric ton for the first time since 2009, nickel lost more than 5% to its lowest level since 2003, zinc is down 4.2%, and gold is 0.7% lower at $1069 an ounce.
    • Crude futures -3% to $40.63/bbl.
    • ETFs: GLD, USO, OIL, IAU, UCO, PHYS, UWTI, SCO, SGOL, BNO, DBO, UGL, DWTI, DGP, GTU, GLL, JJC, DTO, UGLD, DZZ, USL, GLDI, COPX, OUNZ, CU, DGL, DNO, DGZ, DGLD, AGOL, JJN, OLO, SZO, GEUR, CPER, UBG, GYEN, OLEM, NINI, CUPM, QGLDX
    | Nov. 23, 2015, 5:28 AM | 33 Comments
  • Nov. 20, 2015, 10:41 AM
    • A Fed interest rate hike in December could knock back the price of gold to ~$1,000/oz., Gold Fields (GFI -3.1%) CEO Nick Holland tells Creamer Media after the company's share price soared 29% in Johannesburg for its best single day of trading since 1999.
    • The uncertainty around a rate increase has played havoc with the gold price in recent weeks, but Holland says long-term fundamentals for gold remain positive, based on projections of inadequate supply; “It doesn’t matter what we do now as an industry, a supply fall-off is inevitable," the CEO says.
    • "Is it three years of pain, four years, five years? We don’t know, but we’re in a long-term business and we can’t take decisions for one year,” Holland said after GFI reported improved Q3 earnings and higher net cash flow to cut net debt to 1.4x EBITDA.
    • ETFs: GLD, IAU, PHYS, SGOL, UGL, DGP, GTU, GLL, UGLD, DZZ, OUNZ, DGL, DGZ, DGLD, AGOL, UBG
    | Nov. 20, 2015, 10:41 AM | 21 Comments
  • Nov. 17, 2015, 12:24 PM
    • With equity investors back to the business of buying low and selling high, the Fed prepped for a rate hike, and dollar strength continuing, the gold bid is disappearing.
    • 1.5% decline today to $1,066 per ounce has brought the yellow metal to its lowest level in six years. GLD -1.4%
    • Gold is lower by 18% since an early 2015 rally took it all the way past $1,300 per ounce.
    • ETFs: GLD, IAU, PHYS, SGOL, UGL, DGP, GTU, GLL, UGLD, DZZ, GLDI, OUNZ, DGL, DGZ, DGLD, AGOL, GEUR, UBG, GYEN, QGLDX
    | Nov. 17, 2015, 12:24 PM | 32 Comments
  • Nov. 16, 2015, 9:52 AM
    • The month isn't over yet, and outflows from precious metals ETFS have already topped $1B, according to Bloomberg. The funds haven't seen net outflows for a full month since July (when they lost $1.6B). Net inflows from August to September were a relative trickle.
    • Unsurprisingly, the outflows have occurred amid a promise of tighter monetary policy, a stronger dollar, and a sizable decline in the price of gold.
    • It's not just the yellow metal: Platinum futures are down for 12 straight sessions - their longest losing streak since 2002. Palladium prices fell 12% last week, the largest weekly decline in four years. Sliver has been in the red for four straight weeks.
    • ETFs: AGQ, USLV, PALL, PPLT, ZSL, UGL, DGP, GLL, UGLD, DZZ, DSLV, DGL, DBS, DGZ, PTM, DGLD, DBP, PGM, USV, JJP, UBG, BLNG
    | Nov. 16, 2015, 9:52 AM | 3 Comments
  • Nov. 12, 2015, 9:59 AM
    • Down nearly 1% on the session just minutes ago, gold has recouped all of the days losses and more in the space of a few bars, now up 0.1% to $1,086 per ounce. GLD +0.15%
    • The move comes amid sloppy action in stocks - with futures moving from near flat to about half a percent lower just ahead of the open. In early action, the S&P 500 is down by 0.5%, the Nasdaq by 0.6%, and DJIA by 0.8%.
    • Earlier, Mario Draghi promised more QE, if needed, and the Fed's Jim Bullard promised a rate hike. In her opening remarks at a conference, Janet Yellen doesn't touch on the subject.
    • ETFs: GLD, IAU, PHYS, SGOL, UGL, DGP, GTU, GLL, UGLD, DZZ, GLDI, OUNZ, DGL, DGZ, DGLD, AGOL, GEUR, UBG, GYEN, QGLDX
    | Nov. 12, 2015, 9:59 AM | 38 Comments
  • Oct. 29, 2015, 9:38 AM
    | Oct. 29, 2015, 9:38 AM | 19 Comments
  • Oct. 28, 2015, 2:18 PM
    | Oct. 28, 2015, 2:18 PM | 31 Comments
  • Oct. 23, 2015, 7:42 AM
    | Oct. 23, 2015, 7:42 AM | 14 Comments
  • Oct. 22, 2015, 11:18 AM
    • A rip may not be the best term to describe the move, but gold has poked its head to $1,170 per ounce after dipping below $1K in late July and early August.
    • Though down slightly on the year, the yellow metal is doing a heck of a lot better than pretty much every other commodity.
    • The move higher of late, says Goldman, is due to reduced expectations for Fed rate hikes and sizable increases in Chinese official purchases in Q3. Still, Goldman's base case is for a December Fed boost of 25 basis points followed by another 100 basis points next year. The timing may be in question, but highr real rates generally aren't good for gold.
    • "A plausible range of scenarios all imply lower gold prices,” concludes the team.
    • Gold is flat on today's session.
    • ETFs: GLD, IAU, PHYS, SGOL, UGL, DGP, GTU, GLL, UGLD, DZZ, GLDI, OUNZ, DGL, DGZ, DGLD, AGOL, GEUR, UBG, GYEN, QGLDX
    | Oct. 22, 2015, 11:18 AM | 23 Comments
  • Oct. 22, 2015, 3:34 AM
    • Gold has recaptured its shine in recent months, but that doesn't change the cloudy outlook for the precious metal over the longer-term, warns Goldman Sachs, which sees prices falling to $1,000 in 12 months as the Fed normalizes monetary policy.
    • The yellow metal has rallied almost 8% since mid-July reflecting a reduction in expectations for a U.S. rate hike in 2015, a spike in global equity market volatility and lower U.S. long-term real rates. It's currently trading at $1,168 an ounce.
    • ETFs: GLD, IAU, PHYS, SGOL, UGL, DGP, GTU, GLL, UGLD, DZZ, GLDI, OUNZ, DGL, DGZ, DGLD, AGOL, GEUR, UBG, GYEN, QGLDX
    | Oct. 22, 2015, 3:34 AM | 65 Comments
  • Oct. 15, 2015, 4:14 AM
    • Gold prices held overnight gains and are heading higher for a fifth day, as a weaker dollar and soft U.S. economic figures add to expectations the Fed will delay a rate hike in 2015.
    • Investors are now looking ahead to U.S. data on consumer prices for further indications on the direction of interest rates.
    • Analysts expect the headline CPI to fall by 0.2% for the month, but anticipate that the core reading will inch up 0.1% from its level in August.
    • Gold +0.5% to $1,185.60 per ounce.
    • ETFs: GLD, IAU, PHYS, SGOL, UGL, DGP, GTU, GLL, UGLD, DZZ, GLDI, OUNZ, DGL, DGZ, DGLD, AGOL, GEUR, UBG, GYEN, QGLDX
    | Oct. 15, 2015, 4:14 AM | 9 Comments
  • Oct. 14, 2015, 2:26 PM
    • Gold settles at three-and-a-half month highs, rallying $14.50 (+1.2%) to $1180/oz., as soft U.S. economic data and concerns over deflationary pressures in China add to expectations the Fed will delay any interest rate increases.
    • Gold is gaining more ground in electronic trading after the Fed Beige Book release.
    • The yellow metal's eighth gain in nine sessions has sent the SPDR Gold Trust ETF (GLD +1.5%) past its 200-day moving average, and gold miners have ripped higher, as evidenced by this month's 18% gain in the Market Vectors Gold Miners ETF (GDX +5.6%).
    • Top mining stocks including Barrick Gold (ABX +7.9%), Goldcorp (GG +8.5%), Kinross Gold (KGC +8.3%), Gold Fields (GFI +5.4%), Newmont Mining (NEM +5.4%), Agnico Eagle Mines (AEM +5.7%), Silver Wheaton (SLW +6.8%), Yamana Gold (AUY +6.7%), Franco Nevada (FNV +5%), Randgold (GOLD +4.8%) and AngloGold (AU +5.6%) are all sharply higher.
    • Other ETFs: NUGT, AGQ, GGN, DUST, SIL, USLV, ZSL, UGL, GLDX, DGP, GLL, UGLD, DZZ, SLVO, GLDI, SGDM, DSLV, ASA, SLVP, DGL, DBS, DGZ, RING, DGLD, PSAU, USV, TGLDX, GEUR, UBG, GYEN
    | Oct. 14, 2015, 2:26 PM | 70 Comments
  • Oct. 14, 2015, 3:46 AM
    • Hitting fresh three-month highs, Gold is extending gains to a fourth straight session, bolstered by a weaker dollar, concerns about earnings season and a delay to a Fed rate hike.
    • Weak China data today, along with yesterday's comments from Fed Governor Daniel Tarullo, have investors further doubting a rate increase in 2015.
    • The yellow metal is now up 0.8% to $1,175.10 an ounce - its highest level since July 6.
    • ETFs: GLD, IAU, PHYS, SGOL, UGL, DGP, GTU, GLL, UGLD, DZZ, GLDI, OUNZ, DGL, DGZ, DGLD, AGOL, GEUR, UBG, GYEN, QGLDX
    | Oct. 14, 2015, 3:46 AM | 7 Comments
  • Oct. 12, 2015, 4:24 AM
    • Gold has climbed to a seven-week high bolstered by a weaker dollar and continuing expectations the Fed won't hike interest rates in 2015.
    • "Markets are continuing to price in doubt about a Fed rate hike in December despite Vice Chairman Fischer's weekend comments," said Ric Spooner, chief analyst at CMC Markets.
    • The yellow metal gained as much as 0.9% to $1,166.80 an ounce, the highest since August 24, following a 1.6% advance in the previous session.
    • ETFs: GLD, IAU, PHYS, SGOL, UGL, DGP, GTU, GLL, UGLD, DZZ, GLDI, OUNZ, DGL, DGZ, DGLD, AGOL, GEUR, UBG, GYEN, QGLDX
    | Oct. 12, 2015, 4:24 AM | 20 Comments
UBG Description
UBS ETRACS CMCI Gold Total Return is designed to track the performance of the UBS Bloomberg CMCI Gold Total Return, less investor fees. The CMCI Gold TR measures the collateralized returns from a basket of gold futures contracts. The commodity futures contracts are diversified across five constant maturities from three months up to three years.
See more details on sponsor's website
ETF Hub
Find the right ETFs for your portfolio: Visit Seeking Alpha's ETF Hub