Salient to Investors: Hedge funds reduced bets on a commodity rally by the most since 2008 on rising supplies of everything from copper to sugar and slowing US growth. Investors are betting on a decline in silver for the first time since data began in 2006, and have record bearish positions in copper
READ MORE... →Salient to Investors: Christopher Bellew at Jefferies Bache said we have seen the bottom in the oil price. Oil in New York has technical support along its 100-day moving average of $92.14 a barrel. Read the full article at http://www.bloomberg.com/news/2013-04-07/wti-rebounds-in-new-york-after-biggest-weekly-drop-in-six-months.html Click here to receive free and immediate email alerts of the latest forecasts.
READ MORE... →Salient to Investors: Goldman Sachs said global inventories will remain low and economic growth will pick up in the half2 2013, and maintained its Q2 target of $110 a barrel. Read the full article at http://www.bloomberg.com/news/2013-04-05/wti-crude-oil-futures-fall-after-u-s-payroll-data.html Click here to receive free and immediate email alerts of the latest forecasts.
READ MORE... →Salient to Investors: Warren Buffett says the total amount of mined gold in the world could fit into a cube with sides of 67 ft. Thomson Reuters GFMS estimates the amount at 171,300 tonnes, or a cube with sides of 68 ft. Jan Skoyles at The Real Asset Company said
READ MORE... →Salient to Investors: Adam Klopfenstein at Archer Financial Services said the support that gold got from Cyprus is fading, and there are no new reasons to buy. Read the full article at http://www.bloomberg.com/news/2013-03-28/gold-headed-for-worst-quarterly-run-since-2001-amid-weak-demand.html Click here to receive free and immediate email alerts of the latest forecasts.
READ MORE... →Salient to Investors: Addison Armstrong at Tradition Energy said the economy is improving but not robustly. BP said the US accounted for 21 percent of global oil consumption in 2011. Read the full article at http://www.bloomberg.com/news/2013-03-28/wti-oil-near-five-week-high-on-u-s-gdp-jobless-claims.html Click here to receive free and immediate email alerts of the latest forecasts.
READ MORE... →Salient to Investors: Marc Faber of the Gloom, Boom and Doom Report said: Printing money creates bubbles because it doesn’t flow evenly into the economic system but stays in the financial services industry and among people who have access to these funds like the wealthy. The printing press helped inflate
READ MORE... →Salient to Investors: Jeffrey Christian at CPM Group said gold on average may average $1,565 an ounce in 2013 as investors shift away from extreme expectations of an imminent collapse of the global financial system and output increases in 2013. CPM said investors expect the global economy to muddle along and sentiment has
READ MORE... →Salient to Investors: A. Gary Shilling at A. Gary Shilling & Co. says 5 of the 7 varieties of deflation are present in the US economy. Commodity price deflation will continue as oversupply continues to swamp demand amid weak global growth and a hard landing in China, which remains export-driven. The slow global
READ MORE... →Salient to Investors: Paul Farrell writes: We are at a market top and an economic turning point. Bernanke’s non-stop cheap-and-easy-money printing presses are loved by Wall Street banks but are bad for the rest of America. His reappointment – certain to become Obama’s greatest domestic blunder – so shocked Nassim Taleb
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