Salient to Investors: Jim Rogers writes: I don’t own gold mining stocks. There are many other easier ways to own gold. Miners have stiff competition from many different coins, ETFs, ETNs, and futures. Read the full article at http://www.jimrogers.info/2013/07/jim-rogers-says-he-doesnt-own-gold.html Click here to receive free and immediate email alerts of the latest forecasts.
READ MORE... →Salient to Investors: Jim rogers writes: Gold miners have a very difficult time ahead of them. One study determined that more money has been lost in gold mining shares than any other industry in America including airlines and railroads. Read the full article at http://www.jimrogers.info/2013/07/gold-miners-have-difficult-time-ahead.html Click here to receive free and immediate
READ MORE... →Salient to Investors: The median estimates of 10 importers, jewelers, analysts and trade groups expects gold imports to drop 22 percent in half2 2013. Goldman Sachs predicts gold will reach $1,050 by end of 2014, and Credit Suisse predicts $1,150 in a year. Rajesh Mehta at Rajesh Exports said demand will
READ MORE... →Salient to Investors: Economists call Brazil’s plans to defeat the its worst inflation threat in a decade too little and too late. Roberto Luis Troster at Delta Consulting said it will not work because the central bank waited too long to act, while inflation has its own dynamic as producers are
READ MORE... →Salient to Investors: The FRB of San Francisco says: Normal wage models do not apply during and after recessions. In the last 3 US recessions, wages held steady or did not decline by very much, despite spikes in unemployment, during the downturns, and then as the economy recovered and unemployment fell,
READ MORE... →Salient to Investors: Priya Misra at BofA Merrill Lynch says the spread between 5-year/5-year breakeven inflation expectations and 5-year/5-year real rates is her favorite chart for determining when the market expects the Fed to QE. The chart shows interest rate markets are pricing in an additional $200-300 billion of bond purchases.
READ MORE... →Salient to Investors: The tax code option for married couples joint filing is both a social and economic anachronism. Anne L. Alstott at Yale Law School said joint filing is really outdated and does not reflect the new normal. Edward McCaffery at Gould School of Law said in a nutshell,
READ MORE... →Salient to Investors: CB Insights said social-media companies drew only 2 percent of the venture capital headed to Internet-based enterprises last quarter, versus 6 percent each quarter in the 2-year stretch that ended in mid-2012. Anand Sanwal at CB Insights said big data and cloud companies are grabbing the attention of
READ MORE... →Salient to Investors: Clive Crook writes: The US and advanced economies have not done enough to head off the next financial meltdown. Gain made in safety is likely to be too small even to offset the danger created since the crash by greater concentration in the finance industry. The emerging
READ MORE... →Salient to Investors: Walter “Bucky” Hellwig at BB&T Wealth Mgmt said Intuit’s monthly small-business employment index, which measures hiring at companies with fewer than 20 workers, and Insperity’s average number of work-site employees paid per month at customers both provide an earlier and accurate read on employment trends at small- and
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