Monthly Archives: July 2008

Capital Gold Group Report: U.S. Growth Weaker Than Expected — Dollar Decline Boosts Investor Demand for Gold

Share

Gold Rallies as Dollar Decline Boosts Investor Demand for Metal By Millie Munshi July 31 (Bloomberg) — Gold gained the most in three weeks after a report showed weaker-than-expected U.S. growth during the second quarter, sending the dollar tumbling and … Continue reading

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

Capital Gold Group Report: Have Markets Hit Rock Bottom Yet? — WSJ

Share

Markets Still Helter Skelter, Seek Bottom July 30, 2008 Was that the capitulation? Many analysts believe the stock market won’t shed its bear costume until it has one big cathartic selloff during which despair is at its fullest. Such moments … Continue reading

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

Capital Gold Group Report: “Financial System is in ‘the worst crisis since the Great Depression’” – NYU Econ Professor

Share

Roubini: Bear Market Only Half Over, But It’s Not Armageddon Posted Jul 22, 2008 11:40am EDT by Aaron Task in Investing, Newsmakers, Recession, Banking One of the most noted skeptics on Wall Street, NYU Professor Nouriel Roubini says the financial … Continue reading

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

Capital Gold Group Report: U.S. Deficit to Reach Record $490 BILLION in 2009

Share

By Roger Runningen July 28 (Bloomberg) — The U.S. budget deficit will widen to a record of about $490 billion next year, an administration official said, leaving a deep budget hole for the next president. The projected deficit for the … Continue reading

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

Capital Gold Group Report: Two more banks fail; FDIC sells deposits

Share

Mutual of Omaha Bank takes over accounts of California, Nevada lenders By MarketWatch Last update: 3:24 p.m. EDT July 26, 2008 SAN FRANCISCO (MarketWatch) — Two more banks were shut down by federal regulators late Friday, who sold the banks’ … Continue reading

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

Capital Gold Group Report: Reuters Poll Shows Gold Prices Will Rise

Share

07.24.08, 10:31 PM ET SINGAPORE (Reuters) “A Reuters poll showed average gold prices will rise more than 30 percent this year and hold onto gains in 2009, as safe-haven buying fueled by ongoing financial risks will boost investor interest.” Capital … Continue reading

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

Capital Gold Group Report: Worst Performing Stocks of the Last Decade

Share

WORST PERFORMING STOCKS OF THE LAST DECADE 6/30/98 – 6/30/08 Name Symbol 10 Year Return Fannie Mae  FNM -68% KeyCorp KEY -69% Gannett Co. GCI -70% Interpublic Group IPG -72% Dillard’s, Inc. DDS -72% Goodyear Tire & Rubber GY -72% … Continue reading

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

Capital Gold Group Report: Gold Prices Predicted to Continue to Rise

Share

July 25, 2008 Although gold prices have seen some consolidation in recent days, investment in the precious metal will continue in the long term. This is according to David Holmes, director of precious metals sales at Dresdner Kleinwort – the … Continue reading

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

Bloomberg Breaking News Headlines – JULY 24, 2008 4:09 pm ET

Share

S & P FINANCIALS INDEX FALLING THE MOST SINCE APRIL 14, 2000  

Share
Posted in Capital Gold Group Gold News | Comments Off

Capital Gold Group Report: Last Chance to Buy Gold in a Consolidation before Typical Autumn Rally?

Share

NEW YORK (MarketWatch) — Gold futures lost more ground Thursday after tumbling more than $40 in the past two sessions, as the U.S. dollar continued to gain against other major currencies. Gold for August delivery edged down $1.80 to $921 … Continue reading

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