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Monthly Archives: February 2008
Capital Gold Group Report: CALPERS – LARGEST US PENSION FUND – BULLISH ON HARD ASSETS
By Saijel Kishan Feb. 28 (Bloomberg) — The California Public Employees’ Retirement System, the largest U.S. pension fund, may increase its commodities investments 16-fold to $7.2 billion through 2010 as raw materials prices surge to records. Calpers, which has about … Continue reading
Posted in Uncategorized
Tagged Calpers, commodities, commodity investments, gold, gold prices, hard assets, The Capital Gold Group
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Capital Gold Group Report: WEAK DOLLAR PUSHES GOLD TO RECORD $970 AN OUNCE
By STEVENSON JACOBS AP Business Writer NEW YORK (AP) — Gold prices trekked higher Thursday, touching a record $970 an ounce as an inflationary combination of high oil prices and a falling dollar pointed investors to the relative safety of … Continue reading
Posted in Uncategorized
Tagged bull market, dollar decline, falling dollar, gold, gold investments, gold prices, gold record high, precious metals bull market, safe investment, spot gold, The Capital Gold Group
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Capital Gold Group Report: GOLD TOUCHES NEW RECORD HIGH OF $967.70 AN OUNCE
By Polya Lesova, MarketWatch Last update: 4:24 p.m. EST Feb. 27, 2008 NEW YORK (MarketWatch) — Gold futures rose sharply Wednesday, touching a record $967.70 an ounce, propelled by the euro’s surge to a new high against the U.S. dollar. … Continue reading
Posted in Uncategorized
Tagged commodities, gold, gold investments, gold prices, gold record high, spot gold, stagflation, The Capital Gold Group, weak U.S. dollar
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Capital Gold Group Report: Dollar Falls Again Pushing Gold Higher
NEW YORK (MarketWatch) — Gold futures reversed earlier losses on Tuesday, as the dollar fell against major counterparts on bleak U.S. economic data, while traders reconsidered the importance of an expected sale of gold reserves by the International Monetary Fund. … Continue reading
Posted in Uncategorized
Tagged demand for commodities, fallling dollar, Federal Reserve, gold, gold demand, gold investments, gold IRA, gold prices, IRA gold, precious metals, spot gold, stagflation, The Capital Gold Group, weak dollar
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Capital Gold Group Report: Spot gold up on weak dollar, higher oil prices
Reuters, Feb. 25, 2008 LONDON – Gold prices rose today as the dollar fell against the euro and oil prices moved up to almost $100 a barrel, while platinum held firm. Spot gold was up at $947,70/$948,50 a troy … Continue reading
Posted in Uncategorized
Tagged $100 a barrel, falling dollar, gold, gold demand, gold prices, oil prices, platinum, platinum demand, platinum prices, spot gold, The Capital Gold Group, troy ounce, U.S. recession, weak dollar
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Capital Gold Group Report: China Became World’s Top Gold Producer In 2007
by Shu-Ching Jean Chen 01.18.08, 4:30 AM ET Hong Kong – As it has done in many other manufacturing industries, China has made the most of its cost advantage to become the world’s largest gold-producing country, replacing … Continue reading
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Tagged China top gold producer, gold, gold demand, gold inflation hedge, gold investments, gold prices, gold production, gold safe haven, gold supply, The Capital Gold Group, world's top gold producer
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Capital Gold Group Report: Precious Metals Spike on Weak Dollar
Feb 22, 2008 – 04:58:00 HKT NEW YORK (AP) – Precious metals prices soared Thursday, with gold, silverand platinum hitting record highs after a drop in the dollar led traders toshift funds into hard assets as safe-haven investments. Other … Continue reading
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Tagged gold, gold demand, gold market, gold prices, gold record high, gold supply, hedge against inflation, inflation hedge, precious metals bull run, safe investments, The Capital Gold Group, weak dollar
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Capital Gold Group Report: CHINA GOLD — Demand up 26%
Business Times China’s love of solid gold could be fueling the sharp rise in the precious metal’s price. In the week beginning February 18th, gold prices rose to $948.60 (£482)per ounce. This coincided with China usurping the US as the … Continue reading
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Tagged Capital Gold Group, China gold, gold, gold demand, gold prices, The Capital Gold Group, world gold market
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Capital Gold Gold Group Report: Shanghai Futures Exchange Will Make World Gold a Dragon
Posted in Uncategorized
Tagged Capital Gold Group, gold, gold demand, gold futures, gold prices, Shanghai Futures Exchange, The Capital Gold Group, world gold
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Capital Gold Group Report: PRECIOUS METALS BULL MARKET
NEW YORK (MarketWatch) — Gold futures soared to a new record high of $958.40 an ounce Thursday, boosted by weakness in the dollar and the metal’s appeal as a hedge against inflation. The new record high of $958.40 surpassed the … Continue reading
Posted in Uncategorized
Tagged Capital Gold Group, commodities, gold, gold demand, gold prices, gold supply, hedge against inflation, inflation hedge, palladium, platinum, platinum prices, precious metals bull market, safe-haven, silver, The Capital Gold Group, weak dollar
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