Salient to Investors: Gold shipments to China from Hong Kong rose in October to the second-highest on record, while purchases in the first 10 months of 2013 were more than doubling a year earlier. The World Gold Council said China is on course to overtake India as the world’s biggest
READ MORE... →Salient to Investors: Jim Rogers at Rogers Holdings said: Likes what China said at its third plenum meeting. The one overriding point that the market is going to make the final decision is contrary to what is happening in the US, which is why the world is moving to Asia. America
READ MORE... →Salient to Investors: Bloomberg New Energy Finance says peak fossil fuels demand could happen in 2030 – the point when humans stop increasing their annual burn, either because the environmental danger makes it too costly or because buildings and cars run more efficiently. Oil and coal companies worth more than
READ MORE... →Salient to Investors: Jim Rogers said: The most important economic event of the next 10 to 20 years is what happened in Beijing, though largely ignored, particularly by the Western media. Current efforts to reform, if followed through, could take a generation to really bear fruit but Chinese agriculture, railroads,
READ MORE... →Salient to Investors: The median estimates of the 10 most-accurate precious metals analysts tracked by Bloomberg over the past 2 years predicts gold will drop to an average $1,250 in Q4 2013, $1,225 in Q1 2014, $1,195 in Q2 2014, and a 4-year low of $1,175 in Q3 2014 due
READ MORE... →Salient to Investors: The IMF said: Advanced economies are gradually strengthening while growth in emerging-market economies has slowed. The effects of any failure to repay US debt would be felt right away, leading to potentially major disruptions in financial markets, both in the US and abroad, though this has a
READ MORE... →Salient to Investors: Richard Titherington at JP Morgan Asset Mgmt said: Everyone assumes the US debt default will be averted, but it illustrates that these are uncertain times. Emerging markets are cheap for a reason because in the last 12-24 months they disappointed and there were better returns from the US
READ MORE... →Salient to Investors: Jim Rogers writes: America, Europe and Japan economies are 10 times bigger than China, so even if China is doing everything right, it will still be affected by what’s happening in the rest of the world. Read the full article at http://blogjimrogers.blogspot.com/2013/09/china-will-be-affected-by-america.html Click here to receive free and immediate
READ MORE... →Salient to Investors: Leland Miller and Craig Charney at China Beige Book Intl said China’s economy slowed this quarter and demonstrates that the conventional wisdom of a renewed, strong economic expansion is seriously flawed. Their data reveal weakening gains in profits, revenues, wages, employment and prices. The official pickup spurred
READ MORE... →Salient to Investors: Jim Chanos at Kynikos Associates said: He is unconvinced by China’s improving economic growth and is maintaining bearish bets on the nation’s banks. If you grow new credit by 30 percent to 40 percent of GDP a year, it is not difficult to reach the government’s expansion
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