Gold News

Radio show discussing gold investment growing in popularity

Demand for a nationally syndicated radio show in the US which discusses the potential for investing in gold has doubled in the last 12 months.

Capital Gold Group Inc, which specializes in customized investment portfolios, has seen a huge increase in the number of affiliate radio stations running the 'Gold Show'.

The show features the views of president and chief executive officer Jonathan C. Rose, who is an internationally recognized advisor and commentator on gold markets.

He believes that the public demand for information on investment opportunities is greater than ever, particularly in light of the current turbulent financial landscape.

Mr. Rose has also explained that his clients now believe that gold is no longer an alternative investment, but a crucial part of any long-term financial plan or portfolio.

He predicted in 2006 that the gold price would break through the $1,000 per ounce barrier - which it did in March 2008 - and is now forecasting further incremental climbs in the yellow metal.

Meanwhile, gold investors are also awaiting developments in the Gulf of Mexico from the tropical storm Gustav, with the possibility that US oil installations could be hit.

Oil prices - and subsequently gold prices - would go from strength to strength if major damage occurred.

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