Many in the investment community have been sounding the warning bells over the future direction of gold, given all that's occurring in the global macroeconomic landscape. Using the SPDR Gold Trust (NYSEMKT: GLD ) as a proxy, the yellow metal is down more than 17% this year, and the 12-year rally for the commodity looks to be in real jeopardy. While industry insiders, like Goldcorp (NYSE: GG ) President and Chief Executive Office Chuck Jeannes, believe the rally will continue, there are some grim signs.
There is, however, another view that supports buying gold right now and viewing the sell-off as a major buying opportunity. Under this view, the run-up in the stock market is driven almost entirely by the Federal Reserve and when the central bank's easy money policies come to an end, the ensuing carnage will drive investors into hard assets. As gathering evidence suggests that the Fed is considering at least slowing the rate of quantitative easing, you should consider this view in approaching gold investments.
Top 10 Restaurant Companies To Buy Right Now: Hang Seng Bank Ltd (0011.HK)
Hang Seng Bank Limited and its subsidiaries and associates are engaged in the provision of banking and related financial services. It operates in five segments. The Hong Kong and other business segment includes: Retail Banking and Wealth Management activities, which offer personal banking, consumer lending and wealth management services to individual customers, including current and savings accounts, mortgages and personal loans and others; Corporate and Commercial Banking activities, which include the provision of financial services, payments and cash management and others to corporate and commercial customers; Treasury activities, which are mainly the provision of treasury services in credit, interest rates, foreign exchanges and others, and Other, which mainly refers to the management of shareholders' funds. The Mainland China business segment comprises the business of Hang Seng Bank (China) Limited and the Company's share of profit from Mainland associates.
Advisors' Opinion:- [By Steven Russolillo]
MARKET SNAP: At 6:20 a.m. ET, S&P 500 futures up 0.2%. 10-Year Treasury yield flat at 2.46%. Nymex up 6 cents at $102.45. Gold 0.2% higher at $1310.40. In Europe, FTSE 100 up 0.4%, DAX up 0.7% and CAC 40 up 0.6%. In Asia, Nikkei 225 down 0.1% and Hang Seng (0011.HK) up 0.8%.
- [By Steven Russolillo]
MARKET SNAP: At 6:05 a.m. ET, S&P 500 futures up 0.1%. 10-Year Treasury yield lower at 2.20%. Nymex down 92 cents at $84.82. Gold 0.2% higher at $1233. In Europe, FTSE 100 down 0.5%, DAX down 0.7% and CAC 40 down 0.9%. In Asia, Nikkei 225 down 2.4% and Hang Seng (0011.HK) down 0.4%.
Top 5 Bank Companies To Buy Right Now: FBR & Co (FBRC)
FBR & Co., formerly FBR Capital Markets Corporation, is a full-service investment banking, institutional brokerage and asset management company. In addition, it makes principal investments, including merchant banking investments. The Company�� subsidiaries are FBR Capital Markets & Co. (FBR & Co.), FBR Capital Markets International, Ltd. (FBRIL), Financial Services Authority (FSA), and FBR Fund Advisers, Inc. (FBR Fund Advisers). Its segments include capital markets, which include investment banking and institutional brokerage and research; asset management, and principal investing, which includes merchant banking. It provides capital raising services, including underwriting and placement of public and private equity and debt; financial advisory services, including merger and acquisition advisory, restructuring, liability management, recapitalization and strategic alternative analysis; asset management services through a family of mutual funds; institutional sales and trading services focused on equities, equity-linked securities, listed options, high-yield bonds, senior debt and bank loans; and research coverage.
Capital Markets
The Company�� capital markets business is conducted by its investment banking and institutional brokerage professionals through its United States and United Kingdom broker-dealer subsidiaries. These professionals provide investment banking services, including capital raising and financial advisory services, and institutional brokerage services, including sales, trading, and research services, to its institutional clients across its core industry sectors.
Asset Management
The Company�� investment adviser subsidiaries principally manage a family of mutual funds. At December 31, 2011, it managed client assets through its 10 mutual fund product lines that cover a range of sectors and asset classes. Through attention to relative valuation and security selection, it manages mutual funds strive both to participate in rising m! arkets and preserve capital in down markets. It focuses on expanding its asset management business.
The Company�� investing activity consists primarily of investments in merchant banking investments, investments in publicly traded companies, and investments in short-term liquid instruments. This strategy involves putting its capital to work alongside the capital of its institutional clients.
Advisors' Opinion:- [By Zachary Tracer]
FBR & Co. (FBRC) is leading the sale, according to a regulatory filing today from Emeryville, California-based NMI. The company said it�� seeking to raise $25 million, a placeholder amount used to calculate registration fees, according to the document.
Top 5 Bank Companies To Buy Right Now: Deutsche Bank AG (LBND)
Deutsche Bank AG is a global investment bank. The Company offers a variety of investment, financial and related products and services to private individuals, corporate entities and institutional clients around the world. The Company operates through such divisions as: Private and Business Clients, Asset and Wealth Management, Corporate Banking and Securities, Global Transaction Banking and Non-Core Operations Unit. Deutsche Bank AG is active domestically and in various countries, through the network of numerous branches. In February 2014, the Company and its related bodies corporate ceases to a share holder in the capital of the Company. Advisors' Opinion:- [By Donald van Deventer]
Long-duration Treasury Exchange-Traded Funds: (TLH), , (IEF), (DTYL), (DLBL), (ILTB), (TENZ), (ITE), (TLO), (EDV), (VGIT), (VGLT), (TMF), (TYD), (LBND), (UBT), (UST), (TMV), (TYO), (DSTJ), (DSXJ), (SBND), (PST), (DTYS), (DLBS), (TBF), (TTT), (TYNS), (TYBS), (TBX).
Top 5 Bank Companies To Buy Right Now: California Republic Bancorp (CRPB)
California Republic Bank (the Bank) provides an integrated banking solution to its customers. The Company provides a range of products and services, such as deposit and cash management, loans and private banking. The deposit and cash management include real time, online Internet banking, business analyzed checking, IOLTA accounts, NOW Accounts, nationwide network of cash vault centers, remote Deposit capture, fully automated domestic and international wire transfers, lockbox processing services, free worldwide automated teller machines (ATM) and debit cards, credit cards and purchase card services, customized merchant banking services, fraud prevention products including positive-pay, secure online applications, including token device with internal control access, and contractor Retention Escrow Accounts.
The loan services include unsecured lines of credit, secured revolving lines of credit, working capital loans, equipment financing, asset based credit lines, commercial owner occupied real estate loans, investor real estate loans and construction loans. Its private banking includes full array of private banking loans and lines of credit, Bill pay services, and stock secured credit lines and loans.
The Bank provides banking services to commercial entities, their owners, high net-worth individuals and active investors. It provides commercial banking, lending services, deposit services, contractor retention escrow accounts, cash management, remote deposit capture, private banking, online banking and auto finance.
The commercial banking includes online banking services, cash management products and services, remote deposit capture, contractor retention escrow accounts, domestic and international wire transfers, checking accounts, NOW accounts, money market accounts (MMA), savings accounts, certificates of deposit (CDs), corporate credit card, analyzed accounts and IOLTA accounts. The Bank offer lines of credit to provide working capital for day-to-day operations, term loan! s for equipment, and commercial real estate loans for facilities and for investment portfolio.
The cash management includes Account Analysis, Master Agreement Accounts, Account Reconciliation, Remote Deposit Capture (RDC), Online Cash Management, Automated Clearing House (ACH) Services, Bill Pay, Lockbox Services, Positive Pay, Zero Balancing Accounts, Merchant Card, Reverse Wires, Statements on CD Rom, Corporate Credit Card, Courier Service and Bank by Mail.
Advisors' Opinion:- [By CRWE]
Today, CRPB remains (0.00%) +0.000 at $19.00 thus far (ref. google finance Delayed:�� 11:35AM EDT July 29, 2013).
California Republic Bancorp previously reported its results for the second-quarter 2013, reporting quarterly net income of $2.8 million, record net interest margin of 6.41%, record assets of $737.1 million and record deposits of $669.7 million.
CEO Jon Wilcox stated, ��n the second-quarter we not only experienced strong deposit and loan growth, but also continued to invest in our people and infrastructure both in California as well as nationally, while increasing our bottom line and maintaining solid credit quality.��/p>
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