Salient to Investors: Binky Chadha at Deutsche Bank said the market had been pricing in that the Fed would normalize rates much more slowly than it has done historically, and the shock has spilled over across all of the asset classes. The World Bank said the world economy will expand 2.2 percent
READ MORE... →Salient to Investors: Jim Rogers says we are close to a bottom in gold as many leveraged players are being forced to sell – a typical sign. Read the full article at http://www.jimrogers.info/search?updated-max=2013-07-02T04:30:00-05:00&max-results=5 Click here to receive free and immediate email alerts of the latest forecasts.
READ MORE... →Salient to Investors: Alexander Friedman at UBS says: What Fed has done is not unexpected and the market reacted because it was ahead of itself. All the Fed was saying was that the US is doing OK, that the data is trending as it should, and that it has confidence
READ MORE... →Salient to Investors: Standard Chartered advised buying gold around $1,200. Matt Zeman at Kingsview Financial said there is definitely some increase in the pace of physical purchases, and we are seeing short covering after prices started rising. Sun Zhaoxue at China National Gold Group said China should buy gold to back
READ MORE... →Salient to Investors: Gold traders are divided on the outlook for prices, as gold is poised for the biggest quarterly drop in at least 9 decades after investors cut bullion holdings to a 3-year low. Thorsten Polleit at Degussa Goldhandel said we are already at distressed prices really oversold, but a
READ MORE... →Salient to Investors: A. Gary Shilling at A. Gary Shilling & Co. writes: Short stocks and commodities, go long the dollar and Treasuries – if stocks continue to decline, the safety of Treasuries and investment-grade bonds will outweigh concerns about the end of QE. World economies are growing slowly at
READ MORE... →Salient to Investors: Donald Selkin at National Securities said when the market gets into a trend, people want to follow it, and now we’re in a severe downtrend, so the psychology is terrible, and if any of the big holders that are still in the SPDR Gold Trust start are forced to
READ MORE... →Salient to Investors: Nouriel Roubini writes: All investors should own a very modest share of gold as a hedge against extreme tail risks, but other real assets can provide a similar hedge, and those tail risks are certainly lower today than at the peak of the global financial crisis. Read
READ MORE... →Salient to Investors: The UK said fields of shale gas in northern England are twice as large as previously estimated. A recovery rate of 10 percent, similar to fields in the US, would give the U.K. enough gas to meet demand for about 47 years. Lawrence Carter at Greenpeace said
READ MORE... →Salient to Investors: Jim Rogers says: Natural gas fundamentals are not nearly as good as the hype. The number of rigs on the ground is down 75% over the last two years as the wells are very short-lived, and it takes an enormous amount of money to keep them up.
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