Tag Archives: The Capital Gold Group

Capital Gold Group Report: Bundesbank – 2nd Largest Holder of Gold after U.S. Fed – Rejects Calls to Sell

Posted on August 22, 2008 by b.whitman
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BERLIN, Aug 22 (Reuters) – Germany’s Bundesbank on Friday rejected calls that it should sell some of its gold reserves to help boost the slowing German economy, telling Reuters financial and political uncertainty make the reserves even more important than … Continue reading →

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Capital Gold Group Report: July’s Commodities Purge Offers Long-Term Opportunity

Posted on August 11, 2008 by b.whitman
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The following commentary by Frank Holmes, CEO of U.S. Global Investors, offers insight into the seasonal trends of gold.  July and August are historically low times prior to the climb beginning in the fall buying season, which includes huge demand … Continue reading →

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Capital Gold Group Report: Gold up on Bargain Hunting, Platinum Climbs – Investors “Buying in the Dips”

Posted on August 6, 2008 by b.whitman
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Gold rises 1 pct as investors take advantage of low prices By Jan Harvey LONDON, Aug 6 (Reuters) – Gold rose 1 percent in Europe on Wednesday as investors took advantage of a three-day fall in prices to buy below … Continue reading →

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Capital Gold Group News: Gold Convertible to Cash Anywhere in the World

Posted on August 1, 2008 by b.whitman
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Commentary:  This is not meant as an endorsement of this type of behavior, but to demonstrate the liquidity of gold worldwide. Fled Gold coins can be used anywhere in the world, store owner says. By MICHELE McPHEE and SCOTT MICHELSAug. … Continue reading →

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Capital Gold Group: Highest Unemployment Rate in 4 Years Increasing Threat of Deeper Economic Slowdown

Posted on August 1, 2008 by b.whitman
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U.S. Economy: Unemployment Rate Increases to Four-Year High By Shobhana Chandra Aug. 1 (Bloomberg) — The U.S. unemployment rate rose to the highest level in more than four years as employers cut jobs again in July, increasing the threat of … Continue reading →

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Capital Gold Group Report: U.S. Growth Weaker Than Expected — Dollar Decline Boosts Investor Demand for Gold

Posted on July 31, 2008 by b.whitman
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Gold Rallies as Dollar Decline Boosts Investor Demand for Metal By Millie Munshi July 31 (Bloomberg) — Gold gained the most in three weeks after a report showed weaker-than-expected U.S. growth during the second quarter, sending the dollar tumbling and … Continue reading →

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Capital Gold Group Report: Have Markets Hit Rock Bottom Yet? — WSJ

Posted on July 30, 2008 by b.whitman
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Markets Still Helter Skelter, Seek Bottom July 30, 2008 Was that the capitulation? Many analysts believe the stock market won’t shed its bear costume until it has one big cathartic selloff during which despair is at its fullest. Such moments … Continue reading →

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Capital Gold Group Report: “Financial System is in ‘the worst crisis since the Great Depression’” – NYU Econ Professor

Posted on July 29, 2008 by b.whitman
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Roubini: Bear Market Only Half Over, But It’s Not Armageddon Posted Jul 22, 2008 11:40am EDT by Aaron Task in Investing, Newsmakers, Recession, Banking One of the most noted skeptics on Wall Street, NYU Professor Nouriel Roubini says the financial … Continue reading →

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Capital Gold Group Report: U.S. Deficit to Reach Record $490 BILLION in 2009

Posted on July 28, 2008 by b.whitman
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By Roger Runningen July 28 (Bloomberg) — The U.S. budget deficit will widen to a record of about $490 billion next year, an administration official said, leaving a deep budget hole for the next president. The projected deficit for the … Continue reading →

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Capital Gold Group Report: Two more banks fail; FDIC sells deposits

Posted on July 26, 2008 by b.whitman
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Mutual of Omaha Bank takes over accounts of California, Nevada lenders By MarketWatch Last update: 3:24 p.m. EDT July 26, 2008 SAN FRANCISCO (MarketWatch) — Two more banks were shut down by federal regulators late Friday, who sold the banks’ … Continue reading →

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