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- Hurricane Ike damaged most of the homes on Grand Turk island as it roared onto the Bahamas, raked Haiti's flooded cities with rain and threatened the Florida Keys on its way to Cuba as a ferocious Category 4 storm Sunday.
- The House and Senate reconvene Monday after back-to-back political conventions, both parties eager to use the three-week session to show voters why their candidates are the ones to fix the economy and lower energy prices.
Candidates weigh in on stabilizing Fannie, Freddie- The historic takeover of Fannie Mae and Freddie Mac, which could come as soon as Sunday, moved to the forefront of the presidential campaign Saturday as candidates and congressional leaders seized on the enormous implications for taxpayers and the economy.
Pakistan suicide blast death toll reaches 35- The death toll in a massive suicide blast in Pakistan's militant-plagued northwest reached 35, officials said Sunday, as the country prepared for Benazir Bhutto's widower to take over as president.
- The banners, buttons and signs say McCain-Palin, but the crowds say something else.
- Five days a week, Linda Graham trolls tattered neighborhoods of this once thriving steel city outside Pittsburgh for unregistered voters she can sign up as Democrats - one of thousands of unknown volunteers whose work outside the limelight has already altered the basic arithmetic of the November election.
London calling at New York Fashion Week- Designers at New York Fashion week heard London calling - from 1975.
Capital Gold Group, Inc. - 2008 Asia Tour Brings Gold Investment Opportunities to China
LOS ANGELES
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This new initiative comes on the heels of Capital Gold Group's 2007 Asia
Tour "Gold Investing in the Global Economy" presented in major cities
including
The 2008 Asia Gold Tour is an alliance with agents from countries
throughout
The ban on private ownership of gold in
Inflationary pressure from the booming Chinese economy and a 41-percent
slump in the domestic stock market this year have added momentum to
"The stock market is not as good as before, and people do not feel safe
parking all their savings in banks," said
Today, investors worldwide are opening their minds and their portfolios to investment strategies using physical gold as a safe-haven amid the ongoing credit crisis, increased inflation fears, and a shrinking U.S. Dollar.
Strong fundamentals such as increased investor demand, limited supply and a lack of new production create a solid foundation for investment. Scaling back of exploration and the rising cost of extraction is expected to cause gold production to fall 10-15% over the next five years.
Chinese consumers, however, are not deterred by rising prices. Rather, they increasingly view gold as not only a means to protect wealth but also as an efficient part of their investment portfolio.
"In fact, higher gold prices helped to stimulate investment purchases of
the metal ... as consumers were attracted by the strong returns generated by
the metal," the World Gold Council said in a recent report about the
The Shanghai Gold Exchange and the Shanghai Futures Exchange are reporting new record volumes of gold investment activity amid rising gold prices worldwide.
Capital Gold Group's President and CEO,
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