Monthly Archives: October 2008

Capital Gold Group Report: Worst Week Ever for Stocks

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        Dow Swings 1019 Points in the Index’s Most-Volatile Session Ever; Despite ‘Fire-Sale Prices,’ Buyers Mostly Stand Back By E.S. BROWNING, DIYA GULLAPALLI and CRAIG KARMIN OCTOBER 11, 2008 The Dow Jones Industrial Average capped the worst … Continue reading

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DOW DROPS UNDER 9000

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0BBloomberg Television Headlines 1BOctober 9, 2008 2B“A Decade Wiped Out in the Last 4 Trading Sessions.”  Dow at 8579; Down 678 Points At levels we haven’t seen since 2003 Plunged 21% so far this month Down over 5,000 points from … Continue reading

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Capital Gold Group Report: PAPER MONEY FLOWING INTO GOLD – BACK OVER $900

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Gold rallies anew on inflation fears amid rate cuts By Moming Zhou, MarketWatch Last Update: 4:15 p.m. EDT Oct. 8, 2008     SAN FRANCISCO (MarketWatch) — Gold futures closed above $900 per ounce Wednesday to tally a three-session rise … Continue reading

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BLOOMBERG BREAKING NEWS – RETIREMENT ACCOUNTS DEVASTATED

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$2 TRILLION LOST IN RETIREMENT ACCOUNTS WORST SELLOFF IN STOCKS IN 70 YEARS VOLATILITY INDEX AT ALL TIME HIGH

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Capital Gold Group Report: US Mint Halts Some American Eagle Coin Production

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Tue Oct 7, 2008 10:14am EDT By Frank Tang NEW YORK, Oct 7 (Reuters) – Unprecedented demand forprecious metals and volatile markets forced the U.S. Mint tocease production for the half-ounce and quarter-ounce popularAmerican Eagle gold coins for the rest … Continue reading

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Capital Gold Group Report: MARKET ERASES $2 TRILLION IN MARKET VALUE IN ONE DAY — GOLD OWNERS BENEFIT FROM DEEPENING GLOBAL CREDIT CRISIS

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Gold Advances on Haven Buying as Equities, Commodities Tumble By Feiwen Rong Oct. 7 (Bloomberg) — Gold climbed for a second day on increased demand for a haven as the credit crisis deepened in Europe and equities and commodities tumbled … Continue reading

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Capital Gold Group Report: DOW INTRADAY LOW AT 800 POINTS; CLOSES DOWN 370; GLOBAL FALLOUT

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Dow Drops Under 10000 as Bank Woes Persist OCTOBER 6, 2008, 4:57 P.M. ET Deepening fear that the global economy is ailing beyond the capacity of policy makers to cure it sent stocks into a downward spiral Monday. Many traders … Continue reading

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Capital Gold Group Report: GOLD CONTINUES TO RISE ON GLOBAL FINANCIAL CRISIS

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Gold Gains in London as Weaker Dollar Spurs Demand for Safety By Marianne StigsetOct. 1 (Bloomberg) — Gold rose in London as a weakening dollar and speculation of a deepening global financial crisis increased the metal’s allure as an alternative … Continue reading

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