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Monthly Archives: September 2011
Gold is STILL a buy
MarketWatch By Michael Yoshikami Sept. 30, 2011 Gold has dropped in price to around $1,600 per ounce and suddenly some say that gold is no longer a commodity that investors should embrace. I say ridiculous. In times of panic, investors … Continue reading
Posted in Capital Gold Group Gold News
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Gold, Silver Prices Rise on Haven Demand Amid Economic Woes
Bloomberg Businessweek By Debarati Roy September 29, 2011, 3:38 PM EDT Sept. 29 (Bloomberg) — Spot gold and silver prices rose for the second time in three days on demand for a haven amid concern that the European debt crisis … Continue reading
Posted in Capital Gold Group Gold News
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Gold to Move ‘Above $2,000 in Coming Months’: UBS
CNBC By: Shai Ahmed September 29, 2011 Gold’s recent sell-off belies its long term attractiveness and investors should avoid the panic and stay faithful to the precious metal, Dominic Schnider, Commodities expert at UBS Wealth Management told CNBC Thursday. “The … Continue reading
Posted in Capital Gold Group Gold News
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Gold Decline Presents Massive Buying Opportunity
MarketWatch By Mary Anne & Pamela Aden Sept. 28, 2011 The markets have been wild and volatile over the past couple of months. In fact, it’s hard to remember a time when so many fast-paced events were happening at the … Continue reading
Posted in Capital Gold Group Gold News
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Gold Surges to Settle at $1,652 on Physical Buying, Soft Dollar
CNBC.com By Reuters Sept. 27 2011 | 2:11 PM ET Gold rose sharply to settle at $1,652 on Tuesday as a drop in the dollar index helped the precious metal’s recovery from its worst three-day decline in nearly three decades … Continue reading
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Gold Will Stay Glittery
CNN Money By Maureen Farrell September 27, 2011 NEW YORK (CNNMoney) — Gold officially lost its status as a safe haven last Friday, when the precious metal inked its sharpest drop since 1980. The recent sell-off in gold prices moved the … Continue reading
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Senate To Vote On Bill To Stop Government Shutdown
MarketWatch By Robert Schroeder Sept. 26, 2011 WASHINGTON (MarketWatch) — With the threat of a shutdown looming on Friday night, Senate Democrats are planning votes Monday to keep government operations running for at least one extra week. Senate Majority Leader … Continue reading
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Gold Seen Outshining Other Precious Metals In Coming Months Before PGMs Gain More Luster
Kitco News by Allen Sykora 9/22/11 Montreal– (Kitco News) — Gold may well outperform the other precious metals for the balance of the year, but then the rest—particularly platinum and palladium—are likely gain the upper hand as economic confidence eventually … Continue reading
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Moody’s Downgrades Big Banks On Changed US Policy
Reuters By Joe Rauch Wed Sep 21, 2011 10:36pm Moody’s cut ratings on BofA, Citi, Wells Fargo Moody’s sees US government less open to too-big-to-fail Dodd-Frank seen limiting US ability to intervene (Adds details on ratings downgrades, BofA and Citigroup … Continue reading
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Federal Reserve launches Operation Twist
CNN Money By Annalyn Censky September 21, 2011: 4:01 PM ET NEW YORK (CNNMoney) — The Federal Reserve announced “Operation Twist” Wednesday, a widely expected stimulus move reviving a policy from the 1960′s. The policy involves selling $400 billion in … Continue reading
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