C&B Asset Management

Contact information, map and directions, contact form, opening hours, services, ratings, photos, videos and announcements from C&B Asset Management, Financial service, West 8 Tower, 10205 Westheimer, Suite 500, Houston, TX.

Operating as usual

[05/02/13]   Mint runs out of tenth-ounce gold Eagles

The Mint noted that demand is up 118 percent from last year.
(SOURCE) Numismatic News - May 14, 2013

[08/23/12]   Gold Bugs Fly High, with One Predicting Move to $4,500

The most extreme forecast appears in an essay by gold technician Alf Fields.

“The bottom line is that we now have a really strong probability that the correction which started at $1,913 on Aug. 23, 2011, has been completed both in terms of Elliott waves and also in terms of time elapsed,” Fields wrote.

“If this is correct, the gold price should soon be expressing itself in violent upside action as it moves into the third of third wave, which is still targeted to reach $4,500.”

(Source) – MoneyNews.com – Dan Weil - Thursday, 23 Aug 2012

[07/31/12]   UBS Raises One-Month Gold Forecast to $1,700

UBS lifted its one-month forecast to $1,700, up from $1,550, and boosted its three-month forecast to $1,750 from $1,600.

“Our one-month target coincides with the Fed’s Jackson Hole symposium at the end of August, which we think will be significant for policy expectations ahead of the September FOMC meeting,” said Edel Tully, precious metals strategist at UBS.

(SOURCE) - Kitco News-Debbie Carlson - Kitco.com - 31 July 2012

[07/13/12]   Commerzbank: ‘Ultra-Loose’ Policy, Inflation Concerns, Negative Rates Supportive For Gold

“We believe there are long-term risks of creeping inflation in view of the ultra-loose monetary policy pursued by central banks all over the world, and continue to regard gold as an attractive means of protecting one’s capital against inflation,” the bank says.

(SOURCE) Kitco.com - Market Nuggets by Allen Sykora – July 13, 2012

[07/11/12]   UBS – Gold price move could be quite sizeable

UBS says, “We have long felt that the gold market is unprepared for a rally, positioning-wise and sentiment-wise. That means, should the tide turn, the gold price move could be quite sizeable. The significant challenge gold has, however, is convincing investors to buy in; after all, gold has not been the stellar performer of 2012.”

(SOURCE) Kitco.com Market Nuggets – July 10, 2012

[06/28/12]   Central Banks Continue To Buy Gold –HSBC

“Prices under $1,600 an ounce seem to attract official sector buyers and we believe it likely that further gold declines could be met with greater official sector purchases which could help put a floor on prices,” they say.

(SOURCE) – Kitco.com - Kitco News Market Nuggets – June 27, 2012

[06/22/12]   Bank of Korea needs more gold.

"Unlike other financial instruments, gold doesn't produce interest. But given its symbolic presence and usefulness as a safe haven in times of crisis, the BOK needs to buy more. We may do so this year," Eugene Kim, chief investment officer at the central bank's foreign-exchange reserve management group said.

SOURCE – GOLDCORE/GOLDSEEK.COM - June 21, 2012

[06/18/12]   BNP Paribas – Higher Gold Prices

“We continue to expect that gold will reach a fresh record high in the next year,” says a research note from precious-metals strategist Anne-Laure Tremblay.

(SOURCE) - Kitco.com Market Nuggets - June 18, 2012

cbasset.com 08/18/2011

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West 8 Tower, 10205 Westheimer, Suite 500
Houston, TX
77042
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