Salient to Investors: Hedge funds are making the biggest bet against copper on record as global inventories expand to a 9-year high, while concern that Europe’s debt crisis will spread spurred the biggest gain in gold bets since 2008. Jack Ablin at BMO Private Bank cites unprecedented stockpiles of copper and other metals
READ MORE... →Salient to Investors: China’s swap market is signaling interest-rate increases for the first time since 2011 after inflation accelerated to a 10-month high and the housing market defied government-cooling efforts. Hedge funds are making the biggest bet against copper on record. Edward Meir at INTL FCStone said China’s growth story remains intact, but
READ MORE... →Salient to Investors: Mark O’Byrne at GoldCore said there is a dawning realization that the crisis is far from over in Europe, while ultra-loose monetary policies will continue for the foreseeable future pushing up gold prices. Adrian Day at Adrian Day Asset Mgmt said gold will continue its slow but
READ MORE... →Salient to Investors: Addison Armstrong at Tradition Energy said the German PMI data is clearly bearish for the oil market because if the Germans are not making things, where is European demand going to come from? Michael Lynch at Strategic Energy & Economic Research said Cyprus is an example of what ails the
READ MORE... →Salient to Investors: Morgan Stanley predicted increased demand in China. Rachel Zhang said major copper end-demand market indicators are all improving, while inventories remain low, so expect restocking in the next couple of months. Australia said prices on average will fall 2 percent in 2013 as stockpiles expand. Read the full article
READ MORE... →Salient to Investors: Argentines are buying more gold than ever to preserve the value of their savings as economists forecast the peso will depreciate 12.9 percent through year-end and the government bans most dollar purchases. Sebastian Porcel at Global Agro said investors see gold futures as a good option to dollarize their portfolios.
READ MORE... →Salient to Investors: Harry Dent and Rodney Johnson write: We are entering the last stage of the 80-year New Economy Cycle Commodities topped in 1920, 1951 and 1980. The spending cycle is 39 years and the commodities cycle is 30 years. Gold will fall to $750 The US economy will
READ MORE... →Salient to Investors: Howard Wen at HSBC Securities (USA) said easier global monetary policies have positive ramifications for gold, and the key support for prices has been the emergence of Chinese physical buyers. Read the full article at http://www.bloomberg.com/news/2013-03-13/gold-trades-near-two-week-high-on-stimulus-rising-asian-demand.html Free email alerts of articles as soon as they are posted.
READ MORE... →Salient to Investors: Japan and India, Asia’s biggest energy consumers after China, are closer to unlocking natural gas deposits trapped in ice below the seabed that may prove bigger than the world’s known fossil-fuel reserves. Shale is found in only certain parts of the globe, carbon frozen with water – methane hydrates –
READ MORE... →Salient to Investors: Charles Clowdis at IHS Global Insight said hauling oil in tank cars is creating jobs and wealth and investment opportunities – there is much crude that can’t be piped. The US expanded oil production in 2012 by the biggest amount since Titusville in 1859. The S&P Supercomposite Railroads Index has
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