Monthly Archives: June 2008

Capital Gold Group Report: U.S. Federal Reserve Gave Gold the Fuel It Needed

Posted on June 27, 2008 by b.whitman
Share

Gold revs its engine and squeals down the track Prices were stuck in a $50 trading range until the Fed sent the dollar reeling By Myra P. Saefong, MarketWatch June 27, 2008 SAN FRANCISCO (MarketWatch) — The U.S. Federal Reserve … Continue reading →

Share
Posted in Capital Gold Group Gold News | Tagged , , , , , , , , , , , | Comments Off

Capital Gold Group Report: Gold Rises Above $925; Oil Hits New Record High; DOW Loses 20% Since October

Posted on June 27, 2008 by b.whitman
Share

by Myra P. Saefong & Joyce KohJune 27, 2008 SAN FRANCISCO (MarketWatch) — Gold futures climbed above $925 an ounce Friday as a new record high in crude oil, persistent weakness in the U.S. dollar and a recent plunge in … Continue reading →

Share
Posted in Capital Gold Group Gold News | Tagged , , , , , , , , , , , , , , | Comments Off

Capital Gold Group Report: DOW SINKS 300 POINTS AS GOLD BACK OVER $900 AND OIL HITS RECORD $140

Posted on June 26, 2008 by b.whitman
Share

DOW LOWEST IN 21 MONTHS   NEW YORK (CNNMoney.com) — Gold prices jumped Thursday, rising back above the psychologically important $900 mark, on renewed fears about the health of the U.S. economy. Gold for August delivery settled at $32.80 to … Continue reading →

Share
Posted in Capital Gold Group Gold News | Tagged , , , , , , , , , , , , , , , | Comments Off

CAPITAL GOLD GROUP REPORT: GOLD CLIMBS ON INFLATION CONCERNS, IRAN TENSIONS

Posted on June 26, 2008 by b.whitman
Share

“Dollar is going to get slammed again.”    By Pham-Duy Nguyen June 26 (Bloomberg) — Gold surged the most in 16 months on speculation the Federal Reserve won’t rush to raise borrowing costs to curb inflation. Silver jumped the most … Continue reading →

Share
Posted in Capital Gold Group Gold News | Tagged , , , , , , , , , , , , | Comments Off

Capital Gold Group Report: ANZ Bank Approved for Membership in Shanghai Gold Exchange

Posted on June 26, 2008 by b.whitman
Share

Shanghai Gold Exchange Approves Membership of ANZ Bank By Ginger Ding26 Jun 2008 at 08:42 AM GMT-04:00 SHANGHAI (Interfax-China) — ANZ Bank is to become one of only four foreign banks permitted to trade gold on the Shanghai Gold Exchange … Continue reading →

Share
Posted in Capital Gold Group Gold News | Tagged , , , , , , , , , , , | Comments Off

Capital Gold Group Report: Buffett Concerned About U.S. `Stagflation’

Posted on June 25, 2008 by b.whitman
Share

Warren Buffett, Billionaire Investor and World’s Richest Man, Says He’s Concerned About U.S. `Stagflation’    By Josh P. Hamilton June 25 (Bloomberg) — Billionaire investor Warren Buffett says he’s concerned about “stagflation,” or slowing in the U.S. economy while inflation … Continue reading →

Share
Posted in Capital Gold Group Gold News | Tagged , , , , , , , , , , , , , | Comments Off

Capital Gold Group Report: Marc Faber Favors Commodities as Inflation Quickens

Posted on June 24, 2008 by b.whitman
Share

By Patrick Rial and Lynn Thomasson June 24 (Bloomberg) — Japanese stocks, Asian real estate and commodities are investors’ best bets as faster inflation erodes returns in the rest of the world’s markets, said investor Marc Faber, author of the … Continue reading →

Share
Posted in Capital Gold Group Gold News | Tagged , , , , , , , , , , , , | Comments Off

Capital Gold Group Report: Gold Ends Above $900 to Gain Nearly 4% on Week

Posted on June 21, 2008 by b.whitman
Share

                SAN FRANCISCO (MarketWatch) — Gold futures closed with a modest loss Friday but remained above the $900-an-ounce level to finish the week with a gain of almost 4% as rising oil prices … Continue reading →

Share
Posted in Capital Gold Group Gold News | Tagged , , , , , , , , | Leave a comment

Capital Gold Group Report: Physical Gold — Safety from Anticipated Bank Failures

Posted on June 18, 2008 by b.whitman
Share

  FDIC seeks to increase hiring to deal with anticipated bank failures March 26, 2008 Federal regulators, anticipating a surge in troubled financial institutions, will boost by more than 60 percent the number of workers who handle bank failures. The … Continue reading →

Share
Posted in Capital Gold Group Gold News | Tagged , , , , , , , , , , , | Comments Off

Capital Gold Group Report: DEMAND INDICATORS POSITIVE FOR GOLD

Posted on June 18, 2008 by b.whitman
Share

Platinum up 2.5% on South African Supply Woes Wed 18 Jun 2008, 13:17 GMT LONDON (Reuters) – Platinum and palladium prices rose on Wednesday as traders fretted over the outlook for supply from South Africa, while gold ticked up as … Continue reading →

Share
Posted in Capital Gold Group Gold News | Tagged , , , , , , , , | Comments Off