Gold Bulls Raise Wagers Most in Month on Stimulus: Commodities

“Hedge funds’ combined holdings in gold futures rose the most this month as continued U.S. monetary stimulus spurred investors to sell short contracts and sent prices toward the first quarterly advance in a year. The net-long position in bullion jumped 12 percent to 78,654 futures and options in the week ended Sept. 24, the most […]

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Buffett Calls Federal Reserve History’s Greatest Hedge Fund

“Billionaire investor Warren Buffett compared the U.S. Federal Reserve to a hedge fund because of the central bank’s ability to profit from bond purchases while accumulating a balance sheet of more than $3 trillion.”   Continue reading on bloomberg.com

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Gundlach Says Fed Is Mistaken in How It’s Ending Easing

“Jeffrey Gundlach, manager of the $36 billion DoubleLine Total Return Bond Fund, said the U.S. Federal Reserve is making a “big mistake” in the way it ends its unprecedented asset-purchase program. “We thought the Fed wouldn’t walk away from QE,” or quantitative easing, and would buy securities until targeted yields were reached like in Japan […]

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Investors yank record $20 billion from ETFs

“Investors yanked more than $20 billion out of exchange-traded funds in August, according to Morningstar. That’s the largest monthly outflow since the first ETF launched 20 years ago. Although stocks have been surging for most of the year, August was the worst month of 2013. Stocks fell as traders worried about the potential impact of […]

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Fed Officials Rebuff Coordination Calls as QE Taper Looms

“Federal Reserve officials rebuffed international calls to take the threat of fallout in emerging markets into account when tapering U.S. monetary stimulus. The risk that the Fed’s trimming of bond buying will hurt economies from India to Turkey by sparking an exodus of cash and higher borrowing costs was a dominant theme at the annual […]

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Gold’s Rout Spurs Surge in Indonesian Demand: Southeast Asia

“Gold jewelry demand in Indonesia is set to expand to a four-year high as consumers in Southeast Asia’s biggest buyer join India to China in increasing purchases as prices slump and the middle class expands. Consumption of necklaces, bracelets and rings will probably climb to 40 metric tons this year, according to Iskandar Husin, secretary-general […]

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Gold Demand Trends Report

“The World Gold Council’s Marcus Grubb chats about the latest global demand trends report with TheStreet’s Joe Deaux.”   Continue reading on thestreet.com

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