Salient to Investors: Pratik Sharma at Atyant Capital said the dollar is keeping the gold market quiet. Read the full article at http://www.bloomberg.com/news/2012-10-08/gold-declines-with-commodities-before-european-ministers-meeting.html
READ MORE... →Salient to Investors: Grain demand is robust and global stockpiles are tightening – USDA data shows world corn and soybean stockpiles as a percentage of consumption may drop to a 37-year low after dry weather in the US, South America and Europe. Hussein Allidina at Morgan Stanley said wheat prices will be supported
READ MORE... →Salient to Investors: Guy Wolf at Marex Spectron Group said short-term the oil market is oversupplied as the Saudis flood the market at a seasonally weak demand period, but Brent crude will rise toward $125 this year as global growth picks up and the market tightens. Fatih Birol at the International Energy Agency said prices around $110 are possibly
READ MORE... →Salient to Investors: Douglas Cote at ING said the recent coordinated global monetary stimulus is showing up in employment, manufacturing, services and consumer sentiment going from weakening to strengthening. Philip Orlando at Federated Investors expects Draghi to keep his foot off the accelerator. Analysts forecast an end to coal’s longest slump in seven
READ MORE... →Salient to Investors: William O’Neill at Logic Advisors said a global accommodative stance will continue to support gold. UBS said its physical gold sales to India yesterday were the highest since April as the rupee strengthened against the dollar. Read the full article at http://www.bloomberg.com/news/2012-10-04/gold-jumps-in-london-on-signs-of-demand-in-india-weaker-dollar.html
READ MORE... →Salient to Investors: Copper bulls retreated for a third consecutive week on concern about weaker manufacturing from Europe to China. Christine Lagarde at the IMF expects weaker global growth than forecast in July. Filip Petersson at SEB says it will take time for stimulus to impact real demand, and sees poor data globally – industrial-metals
READ MORE... →Salient to Investors: Gold typically takes a breather in relative returns to the S&P500 in October and December, has been a stellar outperformer in November. Silver has historically outperformed the S&P 500 in October and November, but underperformed in December. Q4 is fairly strong seasonally for gold and silver. Read the full article at http://seekingalpha.com/article/892241-silver-may-prove-a-better-bet-than-gold-in-q4?source=intbrokers_regular
READ MORE... →Salient to Investors: Expect the market to consolidate before the next QE-driven euphoric market advance. The market does not necessarily react immediately to liquidity-driven catalysts. Stocks traded higher for nine days after Lehman collapsed before the sell off began. Stocks initially trade lower once they receive QE from the Fed. A slowing global economy,
READ MORE... →Salient to Investors: Prior to 1965, dimes and quarters were made primarily of silver. Prior to 1982, pennies were composed of 95% copper. Nickels are 25% nickel and 75% copper. At today’s prices for copper and nickel, a dime is worth almost seven cents, though it is illegal to
READ MORE... →Salient to Investors: Gold is set for its biggest quarterly rise since Q2 2010. Sun Yonggang at Everbright Futures said the poor economic backdrop will keep up global stimulus measures which benefits gold – the next bad news or more stimulus will take it past $1,800. Kazakhstan expanded gold reserves for a 13th month in August, South Korea
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