Monthly Archives: July 2008

Capital Gold Group Report: Huge Demand for India Gold — Investors Buying in the Dips

Posted on July 24, 2008 by b.whitman
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Thursday July 24 2008 15:32 IST MUMBAI: India‘s gold prices eased further on Thursday as weak crude oil eroded the value of the metal as an inflation hedge, and local buyers reacted with heavy purchases, dealers said. “There is a … Continue reading →

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Capital Gold Group Report: Hong Kong Approves First Gold ETF to Meet Investor Demand

Posted on July 23, 2008 by b.whitman
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Commentary:  ETF’s add to global gold demand and allow investors to participate in the commodities market, but do not provide the safety and preservation of physical gold assets, nor do they add the additional portfolio diversification of a hard asset … Continue reading →

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Capital Gold Group Report: What Does Gold Offer You?

Posted on July 22, 2008 by b.whitman
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July 22 2008 3:01PM Putting the Gold Price in Perspective The first thing people usually consider when buying gold is its price, but unfortunately, they are grabbing the wrong end of the stick. Price is of secondary importance. To explain … Continue reading →

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Capital Gold Group Report: Gold Rises as Crude Oil Climbs

Posted on July 21, 2008 by j.ryman
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By Polya Lesova, MarketWatchLast Update: 4:02 p.m. EDT July 21, 2008   NEW YORK (MarketWatch) — Gold futures finished higher Monday, getting a boost from rising oil prices and modest weakness of the U.S. dollar. Gold for August delivery rose … Continue reading →

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Capital Gold Group Report: Gold Rises to Four-Month High in London on Flight to Safety

Posted on July 15, 2008 by j.ryman
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By Marianne Stigset July 15 (Bloomberg) — Gold rose to the highest in almost four months in London as political tension in the Middle East and financial concerns in the U.S. increased investor demand for the metal as a haven. … Continue reading →

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Capital Gold Group Report: U.S. Seizes IndyMac Bank – 3rd Largest Bank Failure in U.S. History

Posted on July 12, 2008 by b.whitman
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Sat Jul 12, 2008 5:05pm BST By John Poirier and Rachelle Younglai WASHINGTON (Reuters) – U.S. banking regulators swooped in to seize mortgage lender IndyMac Bancorp Inc on Friday after withdrawals by panicked depositors led to the third-largest banking failure … Continue reading →

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Capital Gold Group Report: REGULATORS SEIZE TROUBLED INDYMAC

Posted on July 11, 2008 by b.whitman
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***Commentary:  Investors holding their long term savings in gold preserve their wealth and insure themselves against loss. Feds take over mortgage lender IndyMac. FDIC will seek buyer. May become most expensive bank collapse ever.   July 11, 2008 NEW YORK … Continue reading →

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Capital Gold Group Report: CNBC HEADLINE: OIL HITS $147; DOW HEADING TOWARD 11,000

Posted on July 11, 2008 by j.ryman
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Gold Soars To Multi-Month High (RTTNews) – The price of gold surged again on Friday and hit a 3 1/2-month high. Gold for August delivery moved to $961.10, up $19.10 on the session. Prices hit as high as $963.30 in … Continue reading →

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Capital Gold Group Report: “U.S. STOCK MARKET HAMMERED TODAY”

Posted on July 9, 2008 by b.whitman
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CNBC HEADLINES: CREDIT CONCERNS MOUNTINGSELLOFFS INTENSIFY THROUGHOUT DAYTECH JOINS SELLOFFS FREDDIE MAC DOWN 24%FANNIE MAE DOWN 13% TODAY WORST DAY FOR THE BANKS GOING BACK TO JULY, 2002FANNIE AND FREDDIE AT LOWEST LEVELS SINCE 1992 S&P FALLS 2.3% TODAY; DOWN … Continue reading →

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Capital Gold Group Report: Gold Responds to Tensions between Iran, the U.S. and Israel

Posted on July 9, 2008 by b.whitman
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Comment:  In a typical response to political turmoil, gold prices edged up after Iran test-fired 9 long and medium range missiles early today in what its officials say is a response to threats from the U.S. and Israel.  The tests … Continue reading →

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