Salient to Investors: Bloomberg reports the overall bullish outlook of analysts extended for an 18th week. Buyers bought the more exchange traded products this quarter than in two years. Hedge funds et al more than doubled net-long position since July 24 to the most since Feb. 28. Bank of America predicts gold at $2,000 by
READ MORE... →Salient to Investors: Bets on rising gold prices rose to the highest since March. Combined bets on 18 U.S. commodities is still near the highest in 15 months. Dan Denbow at USAA Precious Metals & Minerals Fund said putting more money into the economy is always good news for gold James Dailey at TEAM
READ MORE... →Salient to Investors: Berkshire Hathaway has been drastically reducing his exposure to stocks that depend on consumer purchasing habits, including Johnson & Johnson and Intel. John Paulson in Q2 2012 dumped 14 million shares of JPMorgan Chase, his fund’s entire position in Family Dollar and Sara Lee. George Soros recently sold
READ MORE... →