Buy coffee, not gold and oil: Ferry

Kevin Ferry the co-founder of Cronus Futures Management said the current “hot money” is heading for coffee and avoiding commodities such as oil and gold. Coffee is a good commodity to invest in and is popular among investors since it is “the second largest commodity traded in the world,” beating out steel, Ferry said.

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John Paulson bullish

In a presentation earlier this week, Paulson said he still finds the equity markets very compelling and currently has no short positions in the credit markets – where he made a killing shorting sub-prime in 2008.  Paulson said, “Today our net long exposure is perhaps the highest it has ever been in our portfolio. We still find a lot of compelling long investments on the equity side.”

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Why gold goes up: Roubini

Nouriel Roubini, professor of economics at New York University's Stern School of Business and chairman of RGE Monitor said, “[One is] inflation, and we are in a world where there are massive amounts of deflation because of a glut of capacity, and demand is weak, and there's slack in the labor markets with unemployment above 10 percent in all the advanced economies.”

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