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
READ MORE... →Salient to Investors: Jim Rogers writes: Renminbi globalization is good for all China because it means every investor worldwide can invest there, bringing great market opportunities to China’s commodities. China will become the world’s center for commodity transactions and its financial market will be the best in the world.The US
READ MORE... →Salient to Investors: Robert Bryce at the Manhattan Institute writes: Any transition away from our existing energy systems will be protracted and costly. Energy transitions occur over decades, even centuries. Coal use in the US is declining, but it is soaring in the developing world and booming in Europe. Global carbon
READ MORE... →Salient to Investors: Jeremy Grantham at GMO said: Commodity prices fell for a hundred years by an average of 70 percent, and then from 2002 basically everything tripled and regained the whole decline in 6 years – tobacco was the only commodity that fell. The game changed because of the
READ MORE... →Salient to Investors: Jim Reid et al at Deutsche Bank said: Returns on 10-yr Treasury notes adjusted for inflation were an annualized 4.5 percent in the 100 years before the Fed and under 2 percent in the 100 years after the Fed was born in 1913, while the return on
READ MORE... →Salient to Investors: Jim Rogers said that if Indians see that they are better off investing their money in gold, that is what they will do, do the solution is not to ban gold but to make the economy exciting enough to make people want to invest elsewhere. Read the full
READ MORE... →Salient to Investors: Jeffrey Currie at Goldman Sachs said their 3 and 6-month targets for gold is $1,300 and then decline to $1,050 in 2014 as the Fed tapers and economic data improve, perhaps to below $1,000. Currie said Goldman expects an initial reduction of $10 billion a month in
READ MORE... →Salient to Investors: Jim Rogers writes: The primary reason for the correction in gold prices, other than it needed to, was because Indian politicians suddenly and outrageously blamed their problems on gold. India is the largest importer of gold, so whenever the largest buyer of any commodity cuts back, there
READ MORE... →Salient to Investors: Jim Rogers writes: I own gold. Gold rose 12 years in a row – no asset in history has done this -s so was technically overdue for a big correction, but one that should be different from most corrections because the rise was so different from most
READ MORE... →Salient to Investors: Jerry Haworth at 36 South Capital Advisors LLP said: payday loans for people with prepaid debit cards He has increased volatility investments to 90 percent of assets from 50 percent at the beginning of the year fluctuations in markets including currencies, commodities and equities. Central banks have
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