Monthly Archives: April 2008

Capital Gold Group Report: RECORD LOW FOR GOLD SUPPLY SAYS INVESTMENT VETERAN

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Citywire By Sara Smith | 15:30:54 | 15 April 2008 Gold supplies are at an all-time low and may drop by as much as 15% over the next five years, according to BlackRock’s precious metals investment veteran Graham Birch. The … Continue reading

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Capital Gold Group Report: Gold Gains as Dollar Falls – MarketWatch

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By Polya Lesova, MarketWatch Last update: 11:09 a.m. EDT April 14, 2008   NEW YORK (MarketWatch) — Gold futures rose Monday, as weakness in the U.S. dollar boosted demand for the precious metal. Gold for June delivery gained $5.80 to … Continue reading

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Capital Gold Group Report : “Gold prices may scale new high in early 2009″ – The Hindu Business Line

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The Hindu Business LineK.R. Srivats New Delhi, April 10, 2008 The ongoing secular bull market for gold would sustain itself for at least three more years and the yellow metal would probably make a new high as one enters 2009, … Continue reading

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Capital Gold Group Report: What Will Drive Gold Prices Higher?

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by Thomas Tan, CFA April-10-2008   Even we are now in the middle of a correction of a great bull run on gold, I expect this consolidation will take less time to finish than the last correction between mid-2006 to … Continue reading

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Capital Gold Group Report: GOLD DEMAND UP — SOUTH AFRICAN GOLD OUTPUT DOWN 28.2%

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iafrica.comApril 10, 2008South African gold production has dropped 28.2 percent in the year from February last year, official data released on Thursday showed.Gold production after seasonal adjustment fell 11.1 percent in the three months to end February, with February recording … Continue reading

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Capital Gold Group Report: “Gold Environment Remains Positive” – Barclays Capital

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Gold gains 1.4 percent as dollar slips, oil jumps By Atul Prakash Wed 9 Apr 2008, 14:26 GMT LONDON (Reuters) – Gold firmed more than 1 percent on Wednesday as the dollar slipped on growing expectations of further aggressive rate … Continue reading

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Capital Gold Group Report: Gold near 1-week high on dollar, shrugs off IMF

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By Lewa Pardomuan SINGAPORE, April 8 (Reuters) – Gold held steady near a one-week high on Tuesday after the dollar’s fall against the euro ignited buying by speculators, helping the metal defy news that the International Monetary Fund plans to … Continue reading

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Capital Gold Group Report: U.S. ECONOMIC WOES FUEL GOLD INVESTMENT DEMAND

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12:27 PM EDT April 7, 2008by Polya Lesova, MarketWatch NEW YORK (MarketWatch) — Gold futures rallied along with other commodities Monday, as worries about the health of the U.S. economy drove investment demand for the precious metal. Gold for June … Continue reading

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Capital Gold Group Report: Buffett and Heavy Hitting CFO’s say America is in a Recession . . . NOW

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Proof of 2008 U.S. Recession Why the Fed isn’t finished cutting rates By Ian CooperSaturday, April 5th, 2008   It’s tough to discount a recession when: Record numbers of Americans are receiving food stamps, which could reach an all-time high … Continue reading

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Capital Gold Group Report: Gold Futures end Higher on Weaker than expected Employment Data

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NEW YORK (MarketWatch) — Gold futures closed with a modest gain Friday, as the dollar slipped following a report that March employment declined more than expected, another sign that the U.S. economy may already be in a recession. Gold for … Continue reading

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