Salient to Investors: Jim Rogers writes: You usually don’t hit a true bottom until most of those people get washed out. Gold will eventually make new highs as its bull market’s not over. Read the full article at http://www.jimrogers.info/2013/07/gold-is-going-to-eventually-make-new.html Click here to receive free and immediate email alerts of the latest forecasts.
READ MORE... →Salient to Investors: Dan Denbow at USAA Precious Metals & Minerals Fund said Bernanke’s comments put positive feeling back into gold and all commodities. Standard Chartered said the cost of borrowing gold reached a 4 1/2-year high in London last week, and may be a bullish – gold may rally above $1,400
READ MORE... →Salient to Investors: Jim Rogers writes: Things can stay below the cost of production for years. It takes a long time for people to believe they have to close their mines, which costs money. So any commodity can stay below the cost of production for a while. Read the full
READ MORE... →Salient to Investors: Carlos Perez-Santalla at Marex North America said Bernanke gave the impression that tapering is currently a distant dream LLC, while today’s data further cements the fact that the economy has not completely recovered. David Govett at Marex Spectron said gold sentiment will now be to the upside, and
READ MORE... →Salient to Investors: Dennis Gartman writes: Bearish on natural gas because its supply is huge and rising as we find more every single day through fracking. Will be very difficult for natural gas to rise above $4 – if it does, it will will quickly be hedged away. Read the full
READ MORE... →Salient to Investors: Jim Rogers writes: The most under appreciated commodity story is probably whatever is down the most and where the most bears are. Read the full article at http://www.jimrogers.info/ Click here to receive free and immediate email alerts of the latest forecasts.
READ MORE... →Salient to Investors: Crude oil is trading at the highest price relative to gold in more than 4 years. John Stephenson at First Asset Investment Mgmt said oil has real supply and demand dynamics, and there is a strong argument for prices holding up because the US has clearly has
READ MORE... →Salient to Investors: Jim Rogers writes: The oil and gas boom is not quite the boom that the press seems to think it is. Natural gas wells decline very quickly and reserves may not be what we thought. Oil wells decline at the rate of 38 to 69 percent in
READ MORE... →Salient to Investors: The Centre for European Policy Studies said: Trading houses active in multiple commodity markets have built up physical holdings through the use of financial leverage and easy access to financing, creating a possible systemic risk. The 10 largest trading houses had $1 trillion in revenue in 2011,
READ MORE... →Salient to Investors: Money managers increased their net-long positions in gold and holdings of short contracts climbed to the second-highest on record. Jeffrey Sherman at DoubleLine Capital said people want to own gold for a myriad of reasons, but the lack of inflation and a strong dollar are gold headwinds
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