Predictions: Industrial and Commercial Bank of China ‘s Zheng Zhiguang says the financial crisis has evolved into a sovereign crisis so expects gold-investment demand in China to grow more than 10 percent this year as buyers seek a haven from lackluster equity markets and property curbs. Individual, institutional or even government investors should own gold
READ MORE... →Salient to Investors: Stocks in developed countries are being favored over emerging markets in the belief they provide a cushion during a weakening recovery. Keith Wirtz of Fifth Third Asset Management sees a shift to countries less reliant on mining and energy production. Eric Teal of First Citizens Bancshares said definitions of buy, sell and
READ MORE... →Salient to Investors: Equities may rebound: 5-month low in S&P 500 last week is similar to its 2011 low, as the 14-day relative strength index again stayed above lows. Predictions: BTIG said divergence of market lows and RSI is bullish for the next six weeks. Auerbach Grayson said the false breakdown below the 200-day moving average RSI divergence are
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