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Monthly Archives: October 2011
Zombie Club of Nations Created By Bailouts Is Good For Gold
Last week news the Europeans had finally cobbled together a plan to bail out Greece from its debt crisis and put a band-aid on the other bleeding basket-case countries, Italy and Spain, came through the wire but celebration of a … Continue reading
With States Facing Debt & Bankruptcy, Is Another Downgrade For The U.S. Next?
Illinois, Rhode Island, and Pennsylvania. What do theses states have in common? They are all facing massive amounts of debt, possible bankruptcy, or seeking protection from becoming bankrupt. In the case of Illinois, as of early last month, the state … Continue reading
Gold Remains Resilient On Dollar Weakness
Gold prices rallied this past week as a weaker U.S. dollar made the metal more affordable to buy in other currencies and as traders jumped into the market on a technical breakout. As highlighted by Kitco.com, Gold hit its strongest … Continue reading
Posted in Capital Gold Group: Gold Watch
10 Comments
As European Concerns Linger, Gold Could Continue To Rise
It has been made clear with the debt crisis in Europe that investing in the United States has become less about the United States and more about trying to sift through the daily news coming out of those European being … Continue reading
Posted in Capital Gold Group: Gold Watch
2 Comments
With New Recession Coming, Gold STILL a Buy
On September 30, the Economic Cycle Research Institute (ECRI), the world’s leading authority on business cycles, stated that the U.S. economy is headed for a new recession that government intervention cannot prevent. “Cyclical weakness is spreading widely from economic indicator … Continue reading
Posted in Capital Gold Group: Gold Watch
12 Comments