Salient to Investors: David Stockman writes: The central banks have shot their wad after increasing their aggregate balance sheet from $3 trillion to $22 trillion over the last 15 years, which falsified financial prices. The coming deflation will bring a plunge in corporate profits and collapsing prices of vastly inflated risk asset classes. The
READ MORE... →Salient to Investors: Michael Snyder writes: Global debt is at record highs, too big to fail banks have never been more reckless, and global financial markets have never been more primed for a collapse. Most people lack the patience to wait for long-term trends to play out so if the stock market is
READ MORE... →Salient to Investors: Paul Ashworth at Capital Economics said: The 1.3 million private-sector jobs created in half1 2014 paid an average of $867 a week versus $843 per week for the existing 117 million private-sector jobs. Mining, construction and business-services companies – which traditionally pay more than the average – are increasingly
READ MORE... →Salient to Investors: Mining companies are extending massive cuts in exploration budgets for a second year, setting up the next price boom as China continues its relentless pursuit of metals and energy. Daniel Sacks at Investec Asset Mgmt said companies are smart by cutting back on exploration as it is
READ MORE... →Salient to Investors: Lewis Braham writes: Contrarian funds can be a hedge of sorts, though a potentially volatile one as out-of-favor sectors tend to be cyclical and prone to booms and busts. Shorting is inherently dangerous as markets have been trending higher. Brian Singer at William Blair Macro Allocation Fund
READ MORE... →Salient to Investors: Robert Gorman at TD Wealth said: The 3-yr period of sharp underperformance for Canada is coming to a close Dividend stocks will continue to rule but resource stocks will do comparatively better after showing signs of bottoming out. The S&P/TSX Composite Index and the S&P 500 will
READ MORE... →Salient to Investors: Jim Rogers writes: The significant decline of market value in the mining industry is creating an opportunity, and I will take actions if the value drops to 10 percent of the original value. Read the full article at http://blogjimrogers.blogspot.com/2013/09/decline-in-mining-industry-is-good.html Click here to receive free and immediate email alerts of the
READ MORE... →Salient to Investors: Jim Rogers writes: Things can stay below the cost of production for years. It takes a long time for people to believe they have to close their mines, which costs money. So any commodity can stay below the cost of production for a while. Read the full
READ MORE... →Salient to Investors: Jim Rogers says: Avoid gold mining stocks because miners face stiff competition, and there are now many easier ways to own gold – coins, ETFs, ETNs, futures. Gold will bottom in 2014 or 2015 because eventually prices below the cost of production will cause tightness in supply
READ MORE... →Salient to Investors: Hedge funds are the least bullish in 6 years and ETP holdings dropped to a 3-year low. The US Mint sold 19 percent fewer ounces of American Eagles in June than in May and 73 percent less than in April. Australia’s Perth Mint said coin and bar sales dropped for a
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