Salient to Investors: China’s manufacturing expanded for the first time since July, signaling that the slowdown is easing and curbing the need for additional stimulus. Alexandra Knight at National Australia Bank said investors probably were a bit too optimistic to central bank announcements for further stimulus we’re starting to see an unwinding
READ MORE... →Salient to Investors: Speculators lowered bullish bets on commodities for the third straight week, the longest streak since April. Copper holdings fell the most in seven weeks, and sugar wagers dropped to a one-month low. Bullish bets on gold slumped the most in three months. Donald Selkin at National Securities Corp said
READ MORE... →Salient to Investors: Dale Roberts writes: Very few middle class investors will retire due to the money generated from their investment portfolio or their investment philosophy. The stock market is mostly long periods of losing money against inflation, punctuated by two rabid bull markets that led to extreme overvaluation. Regularly, US equity
READ MORE... →Salient to Investors: Mercenary Trader writes: The routine intervention of the Central Banks, the Greenspan Put transitioning to the Bernanke Put, have underscored the “bad news is good news” phenomenon. Good news is good news because things are getting better. Mediocre news is good news because it means CBs keep rates near
READ MORE... →Salient to Investors: Brazil added to gold reserves for the first time since December 2008, Turkey increased its holdings. India normally buys at this time of the year thru November because of jewelry demand for weddings and festivals. David Meger at Vision Financial Markets said central banks are increasing getting into the gold market, with value
READ MORE... →Salient to Investors: Mark Pervan at Australia & New Zealand Banking Group said the gold market appears to have found a base around $1,735. Read the full article at http://www.bloomberg.com/news/2012-10-16/gold-set-to-gain-for-first-day-in-three-as-slump-spurs-purchases.html
READ MORE... →Salient to Investors: China is the world’s largest buyer after India. Michael Smith at T&K Futures & Options aid worries over China’s growth has cast a gloom over gold. Read the full article at http://www.bloomberg.com/news/2012-10-12/gold-gains-as-investor-demand-increases-etp-holdings-to-record.html
READ MORE... →Salient to Investors: Copper traders are the most bearish since June 1 as growth slows from China to Europe. International Copper Study Group said supply will outpace demand in 2013, the first glut in four years, and the biggest in more than a decade. Goldman Sachs predict the surge in copper demand
READ MORE... →Salient to Investors: Pratik Sharma at Atyant Capital said the dollar is keeping the gold market quiet. Read the full article at http://www.bloomberg.com/news/2012-10-08/gold-declines-with-commodities-before-european-ministers-meeting.html
READ MORE... →Salient to Investors: William O’Neill at Logic Advisors said a global accommodative stance will continue to support gold. UBS said its physical gold sales to India yesterday were the highest since April as the rupee strengthened against the dollar. Read the full article at http://www.bloomberg.com/news/2012-10-04/gold-jumps-in-london-on-signs-of-demand-in-india-weaker-dollar.html
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