Even though theres tension going on in Gaza and Ukraine, its on the back burner, Thomas Capalbo, a metals broker with Newedge in New York, said for the Wall Street Journal. The U.S. economy and the Fed are whats directing gold.
Date: Aug 04, 2014
Category: Business
Source: Google
Gold hits six-month high on Ukraine worries; up for week
"There are people here with possible concerns that you will see a heavy price spike (in gold) if this vote does go in," said Thomas Capalbo, a precious metals trader at Newedge, a brokerage in New York. "Gold is up on situational buying."
The goal is by the end of the year to have this thing done and have the economy at full tilt and running itself, so the Fed can go back to the way it was pre-2008, said Thomas Capalbo, a metals broker with futures brokerage Newedge in New York.
Date: Feb 11, 2014
Source: Google
Gold Ends at Four-Week Low Amid Fed Tapering Jitters
"Everybody's eyes are now on the next numbers coming out, because you need to string a couple of good reports together in order to justify any tapering before the end of the year," said Thomas Capalbo, a metals broker with Newedge.
Thomas Capalbo 1975 graduate of Tuckahoe High School in Eastchester, NY is on Classmates.com. See pictures, plan your class reunion and get caught up with Thomas and other high ...
Thomas Capalbo 1966 graduate of Garden Grove High School in Garden grove, CA is on Classmates.com. See pictures, plan your class reunion and get caught up with Thomas and other ...