Central Banks Drop Tightening Talk as Easy Money Goes On – Bloomberg 10-23-13

Salient to Investors: Continued stimulus on cooling global growth led by weakening in developing nations amid stagnant inflation and job growth in much of the industrial world risks inflating asset bubbles central bankers will have to face later. Talk of unsustainable home-price increases is spreading from Germany to New Zealand,

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Hedge Funds Reduced Bullish Gold Bets Before Rally: Commodities – Bloomberg 09-22-13

Salient to Investors: Hedge funds et al cut long contracts to the lowest since June 25. EPFR Global said money managers added the most since October 2012 to gold funds last week, while inflows for commodity funds were the most since November 2012. Evestment said assets managed by commodity hedge

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Gold Seen Lower by Goldman as Fed’s Taper to Spur Selling – Bloomberg 09-11-13

Salient to Investors: Jeffrey Currie and Damien Courvalin at Goldman Sachs said: Gold will fall into 2014 as the Fed tapers on the back of an acceleration in US activity and a less accommodative monetary-policy stance. Goldman’s economists expect tapering next week. Goldman maintained 3 and 6-month targets for gold at $1,300,

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Goldman Says S&P 500 to Rise 8% in 12 Months on Economy – Bloomberg 08-13-13

Salient to Investors: David Kostin at Goldman Sachs said the S&P 500 will climb to 1,750 at year-end, to 1,825 in the next 12 months and 1900 at year-end 2014, as economic growth gains momentum, and recommends companies that generate most of their revenue domestically.  Kostin said the real issue is that rising interest

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