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Monthly Archives: June 2008
Capital Gold Group Report: U.S. Federal Reserve Gave Gold the Fuel It Needed
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
Posted in Capital Gold Group Gold News
Tagged gold, gold bullion, gold coins, gold demand, gold futures, gold prices, HSBC, inflation hedge, New York Mercantile Exchange, The Capital Gold Group, U.S. Dollar, U.S. Federal Reserve
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Capital Gold Group Report: DOW SINKS 300 POINTS AS GOLD BACK OVER $900 AND OIL HITS RECORD $140
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
Posted in Capital Gold Group Gold News
Tagged Capital Gold Group, dollar weakness, Dow down 300, Federal Reserve, gold, gold bullion, gold coins, gold market, Gold over $900, gold prices, HSBC, inflation, New York Mercantile Exchange, Oil at $140, The Capital Gold Group, U.S. Economy
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CAPITAL GOLD GROUP REPORT: GOLD CLIMBS ON INFLATION CONCERNS, IRAN TENSIONS
“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
Posted in Capital Gold Group Gold News
Tagged Capital Gold Group, Federal Reserve, gold, gold bullion, gold coins, gold group, gold IRA, gold news, gold prices, inflation, IRA gold, Iran tensions, OPEC
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Capital Gold Group Report: Buffett Concerned About U.S. `Stagflation’
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
Posted in Capital Gold Group Gold News
Tagged Bear Stearns, Ben Bernanke, Capital Gold Group, gold, gold bullion, gold coins, gold group, gold IRA, gold news, gold prices, IRA gold, stagflation, U.S. Economy, Warren Buffett
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Capital Gold Group Report: Marc Faber Favors Commodities as Inflation Quickens
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
Posted in Capital Gold Group Gold News
Tagged Capital Gold Group, commodities, Faber, gold, gold bullion, gold coins, gold group, gold IRA, gold news, gold prices, IRA gold, Marc Faber, The Capital Gold Group
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Capital Gold Group Report: Gold Ends Above $900 to Gain Nearly 4% on Week
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
Posted in Capital Gold Group Gold News
Tagged Capital Gold Group, gold, gold bullion, gold coins, gold group, gold IRA, gold news, gold prices, IRA gold
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Capital Gold Group Report: Physical Gold — Safety from Anticipated Bank Failures
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
Posted in Capital Gold Group Gold News
Tagged bank failures, Capital Gold Group, FDIC, FDIC hiring, gold, gold bullion, gold coins, gold group, gold IRA, gold news, gold prices, IRA gold
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Capital Gold Group Report: DEMAND INDICATORS POSITIVE FOR GOLD
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
Posted in Capital Gold Group Gold News
Tagged Capital Gold Group, gold, gold bullion, gold coins, gold group, gold IRA, gold news, gold prices, IRA gold
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