Monthly Archives: April 2010

Capital Gold Group Report: Spot Gold Price Up on Greece Woes

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NEW YORK (The Street) — New York spot gold prices firmed Friday afternoon after European debt concerns worsened, with Fitch Ratings’ decision to lower Greece’s credit rating to BBB- from BBB+ with a downbeat outlook   Spot gold prices were … Continue reading

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Capital Gold Group Report: MAJOR BANKS MASK RISK LEVELS FOR 5 QTRS. BEFORE REPORTING TO PUBLIC

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Quarter-End Loan Figures Sit 42% Below Peak, Then Rise as New Period Progresses; SEC Review By Kate Kelly, Tom McGinty and Dan Fitzpatrick   APRIL 9, 2010 – Major banks have masked their risk levels in the past five quarters … Continue reading

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Capital Gold Group Report: GOLD HITS 2 1/2 MONTH HIGH – RECORD HIGH IN EUROS

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Gold Hits 2.5-Month High on Fresh Spec Buying, Bullish Technicals By Jim Wyckoff 7 April 2010, 3:16 p.m. Comex gold futures pushed to a fresh 2.5-month high Wednesday on fresh speculative buying interest and building upside technical momentum. Ongoing investor … Continue reading

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Capital Gold Group Report: Will fraud lift gold prices to $10,000?

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By Geena PaulPublished on: April 03, 2010 at 16:20NEW YORK (Commodity Online): After the sub-prime catastrophe in banking and realty sector, which led to the global recession in 2008-09, it is the turn of bullion markets now. ‘FRAUD’, that is … Continue reading

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Capital Gold Group Report: Gold Ends Higher, Hits 4-Week High Despite Stronger U.S. Dollar

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By Jim Wyckoff 6 April 2010, 2:08 p.m. Fresh speculative buying interest, including a “buy-the-dip” mentality, boosted the gold market Tuesday, as prices hit a fresh four-week high. June Comex gold futures closed up $2.20 at $1,136.00 Tuesday. Gold prices … Continue reading

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Capital Gold Group Report: CONGRESSMAN RON PAUL “WE WILL BE LUCKY TO GO 2 OR 3 MORE YEARS WITHOUT A CURRENCY CRISIS”

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Ron Paul predicts inflationary currency crisis in 2 to 3 years on Fox News Congressman urges gold bullion as protection “Debt is the monster,” U.S. Rep. Ron Paul, R-Texas, declares in this interview with Fox Business News. “We are much … Continue reading

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Capital Gold Group Report: SHOCKING REVELATION – LONDON COMMODITIES MARKET JUST A GIANT PONZI SCHEME?

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WHY YOU NEED PHYSICAL POSSESSION OF YOUR GOLD When we put up a link to last week’s CFTC hearing webcast little did we know that it would end up being the veritable (physical) gold mine (no pun intended) of information … Continue reading

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Capital Gold Group Report: Gold Soars to Two-Week High

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Humeyra Pamuk LONDON — Reuters Published on Thursday, Apr. 01, 2010 7:38AM EDT Gold (1,127.8013.301.19%) rose to a two-week high on Thursday and platinum group metals rallied to their highest in over 20 months on the back of fresh investment … Continue reading

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