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Category Archives: Capital Gold Group Gold News
JPMorgan Has USD 2 Billion Trading Loss, Reputation Hit
Yahoo! Finance By David Henry and Rick Rothacker May 11, 2012 (Reuters) – JPMorgan Chase & Co said on Thursday that it suffered a USD 2 billion trading loss from a failed hedging strategy, a disclosure that hit financial stocks … Continue reading
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Dollar Turns Down After Sentiment Data
Shift cuts off greenback’s longest rally since 2008 Marketwatch By Deborah Levine and William L. Watts May 11, 2012 NEW YORK (MarketWatch) — The dollar turned lower on Friday, cutting off its longest rally since 2008, after data showed U.S. … Continue reading
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U.S. Trade Deficit Widens, Suggesting Lower GDP Growth
Los Angeles Times By Don Lee May 10, 2012, 8:05 a.m. Washington — For all the growth in domestic manufacturing and exports, the ballooning U.S. trade deficit continues to be a thorn in the side of the U.S. economy. The … Continue reading
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Gold Gains As European Concerns Ease
MarketWatch By Claudia Assis and Laura Mandaro May 10, 2012 SAN FRANCISCO (MarketWatch) — Gold futures edged higher Thursday following a round of U.S. economic data, with a reprieve in concerns over Europe’s banking and sovereign-debt outlook providing a floor … Continue reading
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Ron Paul Is Hosting A Hearing On Ending The Federal Reserve Right Now
Business Insider By Grace Wyler May 8, 2012 Texas Congressman Ron Paul will once again face off against his central bank nemesis this morning, during a Congressional hearing on monetary policy and the Federal Reserve. The hyped-up hearing is titled “The Federal … Continue reading
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China’s Gold Imports Jump as Country May Become Biggest User
Bloomberg Businessweek By Bloomberg News staff May 8, 2012 Mainland China’s gold imports from Hong Kong surged more than sixfold in the first quarter, adding to signs that the country may displace India as the world’s largest consumer of the … Continue reading
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Euro Crack Up Not Helping Gold – Yet!
By Gregg Greenberg May 5, 2012 Jeb Handwerger, editor of GoldStockTrades.com, says Eurozone problems may be depressing gold now, but that will soon change.
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Higher Education Is a Bubble, Bill Bennett Says: U.S. Govt. Should Stop Subsidizing Student Loans
Yahoo! Finance By Morgan Korn May 7, 2012 The $1 trillion student loan crisis will be a top priority for President Obama and senior administration officials this week. The president will discuss ways to prevent undergraduate subsidized loans from doubling … Continue reading
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Greek Elections Raise Euro-Exit Risk, Calls for Growth
Bloomberg.com By Maria Petrakis and Natalie Weeks May 7, 2012 New Democracy leader Antonis Samaras began trying to put together a government after a Greek election that raised fresh questions about the country’s euro membership and triggered the biggest stock-market … Continue reading
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European Elections Good For Gold
The Street By Gregg Greenberg May 7, 2012 Phil Streible, Sr. commodities broker at RJO Futures, analyzes the gold market’s reaction to this weekend’s European elections.
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