Monthly Archives: May 2009

Capital Gold Group Report: German Firm Plans GOLD ATMs to Meet Growing Demand

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By Peter Starck Tue May 19, 2009 7:28pm IST * Gold ATMs intended to whet appetite for physical gold * Private investor inquiries doubling every six weeks * Plan is for 500 gold ATMs in Germany, Switzerland, Austria FRANKFURT, May … Continue reading

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Capital Gold Group Report: Gold hits two-month high on weaker dollar

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By Moming Zhou NEW YORK (MarketWatch) — Gold futures rose Wednesday to the highest level in nearly two months, briefly topping $940 an ounce as the U.S. dollar dropped against the euro for a third straight session, increasing gold’s investment … Continue reading

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Capital Gold Group Report: Gold Demand Surges 38% on Investment, Council Says

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By Claudia Carpenter May 20 (Bloomberg) — Gold purchases rose 38 percent in the first quarter, led by investment demand that exceeded usage by jewelers for the first time since at least 2004, according to the World Gold Council. Global … Continue reading

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Capital Gold Group Report: Demand for Physical Gold Breaking Records Says Capital Gold Group CEO

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  LOS ANGELES, May 20 /PRNewswire/ — In a recent interview in his syndicated radio talk show, The Gold Show, Jonathan Rose, the President and CEO of Capital Gold Group, Inc., one of the country’s premier providers of physical gold … Continue reading

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Capital Gold Group Report: Gold demand soars among investors

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06:06 GMT, Wednesday, 20 May 2009 07:06 UK Demand for gold is soaring among investors, but hard-up consumers are shunning gold jewellery, figures from the World Gold Council show. Total demand for gold hit 1,016 tonnes in the first three … Continue reading

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Capital Gold Group Report: US gold rises on dollar drop, weak housing data

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NEW YORK, May 19 (Reuters) – New York gold futures rose onTuesday after the previous session’s losses on a lower dollarand as unexpectedly weaker U.S. housing data boosted bullion’salternative investment appeal. GOLD * Gold for June delivery GCM9 up $5.40 … Continue reading

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Capital Gold Group Report: “The Worst Is Yet to Come”: If You’re Not Petrified, You’re Not Paying Attention

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Posted May 15, 2009 09:31am EDT by Aaron Task “THE BAILOUT MONEY IS IN THE SEWER AND GONE” “THE BANKS THAT ARE SUPPOSED TO BE DELEVERAGING, THEY’RE LEVERAGED 25 TO 1 AS WE SPEAK. . . NOW”   The green … Continue reading

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Capital Gold Group Report: Prechter Says Stocks Still Face Deflationary Collapse. . .”It is a much bigger bear market than people realize.”

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Thu May 14, 2009 2:30pm EDT  NEW YORK (Reuters) – Longtime technical analyst Robert Prechter, who forecast the 1987 stock market crash, predicted this week that U.S. equities may plunge to half their lows hit in March as a deflationary … Continue reading

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Capital Gold Group Report: U.S. Foreclosure Filings Hit Record for Second Month

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By Dan Levy May 13 (Bloomberg) — Foreclosure filings in the U.S. rose to a record for the second consecutive month in April as banks increased efforts to seize homes from delinquent borrowers. A total of 342,038 properties received a … Continue reading

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Capital Gold Group Report: Gold Climbs to Five-Week High; Dollar at Four-Month Low

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  JAN HARVEY May 13, 2009 at 7:05 AM EDT LONDON — Gold rose to a five-week high in Europe on Wednesday as the U.S. dollar slid to its lowest in four months against a basket of currencies, denting the … Continue reading

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