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Monthly Archives: April 2011
Gold is “All Systems Go”
MarketWatch By Myra P. Saefong and Chris Oliver April 29, 2011 SAN FRANCISCO (MarketWatch) — Gold futures settled at a record Friday, jumping more than $25 by the close while silver climbed over 2% as weakness in the U.S. dollar … Continue reading
Posted in Capital Gold Group Gold News
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IMF Bombshell: Age of America Nears End
by Brett Arends Tuesday, April 26, 2011 The International Monetary Fund has just dropped a bombshell, and nobody noticed. For the first time, the international organization has set a date for the moment when the “Age of America” will end … Continue reading
Posted in Capital Gold Group Gold News
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Gold Breaks $1,500 As Investors Seek Security
Reuters By Jan Harvey LONDON | Wed Apr 20, 2011 10:31am EDT Photo Credit: Reuters/Arko Datta (Reuters) – Gold rose above $1,500 an ounce on Wednesday for the first time ever as the dollar wilted, oil rose, worries over the … Continue reading
Posted in Capital Gold Group Gold News
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Gold Hits Major Psychological Level of $1,500.00 an Ounce
Kitco.com April 19, 2011. 12:38 p.m EST By Jim Wyckoff Of Kitco News (Kitco News) -Comex gold futures at midday Tuesday hit the major psychological level of $1,500.00 an ounce, after flirting with that key price for much of the … Continue reading
Posted in Capital Gold Group Gold News
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U.S. Credit Rating Outlook Lowered by S&P
CNN Money By Ben Rooney, staff reporter April 19, 2011: 8:20 AM ET NEW YORK (CNNMoney) — The United States is at risk of having its pristine credit rating lowered if politicians in Washington cannot agree on a plan to … Continue reading
Posted in Capital Gold Group Gold News
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University of Texas Takes Delivery of $991.7 Million in Gold Bars
Bloomberg By David Mildenberg and Pham-Duy Nguyen April 18, 2011 3:34 PM PT Gold-Shortage Threat Drives Texas Schools Hoarding 664,000 Ounces at HSBC Dallas hedge-fund manager J. Kyle Bass helped advise the University of Texas Investment Management Co. on taking … Continue reading
Posted in Capital Gold Group Gold News
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Gold May Rise to $1,600 This Year on Investment, GFMS Says
Bloomberg April 13, 2011, 11:59 AM EDT By Pham-Duy Nguyen and Nicholas Larkin April 13 (Bloomberg) — Gold will rise as much as 9.5 percent this year to a record $1,600 an ounce, extending a rally that began in 2001, … Continue reading
Posted in Capital Gold Group Gold News
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WGC Research: Commodities Index Is No Substitute for Holding Gold
KITCO News 12 April 2011, 10:17 a.m. By Kitco News http://www.kitco.com/ A World Gold Council study says that a modest, consistent gold holding increases long-term risk-adjusted portfolio returns in a way that a commodities basket alone does not. In indices such … Continue reading
Posted in Capital Gold Group Gold News
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Each $100 Billion QE2 Good for 5% Rise Commodities
FORBES.com Apr. 11 2011 – 2:35 pm By Robert Lenzner The price of oil and gold are likely to rise for the final 3 months of QE2 buttesssed by the widespread geopolitical unrest, and the approach of the summer driving … Continue reading
Posted in Capital Gold Group Gold News
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The Federal Reserve Must Implement QE3
National Inflation Association April 7, 2011 Gold prices surged today to a new all time high of $1,463.70 per ounce, while silver prices soared to a new 31-year high of $39.785 per ounce. Silver is now up 129% since … Continue reading
Posted in Capital Gold Group Gold News
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