Capital Gold Group - Gives Back and sponsors `Idol Gives Back Foundation`
Released on: June 27, 2008, 1:14 am
Press Release Author: Brenda Whitman (Post/Designation: Manager)
Industry: Financial
Press Release Summary: The IRA depository is licensed by NYMEX, COMEX and CBOT.
Press Release Body: LOS ANGELES, June 20 -- Capital Gold Group gives back and sponsors 'Idol Gives Back Foundation' which is a new not-for-profit organization established by the producers of American Idol and FOX to raise money and to create awareness for children and families living in poverty and at risk in the U.S. and abroad. Idol Gives Back Foundation is capitalizing on American Idol\'s ability to capture America\'s hearts and the power of entertainment to benefit some of the poorest and most vulnerable people in the world. The Foundation already enjoys the support of celebrities like Mariah Carey, Miley Cyrus, Brad Pitt, Forest Whitaker, Chris Daughtry, Fergie, Robin Williams Capital and many others. 'Idol Gives Back Foundation' has plans to partner with American Idol to roll out the second annual star-studded event, Idol Gives Back. Sponsored amounts from the show will be utilized to bring about a positive change and to save the lives of children and their families in the U.S. and around the world. Capital Gold Group has also come forward to sponsor other USA Charities like the NACFC, National Association of Christian Financial Consultants. All NACFC Christian Advisors are offered IRA GOLD retirement plans by Capital Gold Group through Christian Radio. A group of investment professionals who are committed to upholding traditional American values and who promote abstinence from gambling, tobacco and alcohol form the organization. The focus of NACFC financial planners is to educate the masses on wealth preservation principles and asset allocation into core assets classes such as real estate and gold. CGG offers a scheme whereby physical gold is converted into a 'tax-advantaged' IRA GOLD Individual Retirement Account program. All NACFC financial consultants and clients can avail of this IRA GOLD plan. Holders of physical gold assets and self directed accounts qualify for the IRA GOLD retirement program. The opening of the account and co ordination of the storage of the physical gold assets for the high net worth individual is carried out by a custodian appointed by IRA GOLD. The IRA depository is licensed by NYMEX, COMEX and CBOT. Optionally, high net worth clientele is offered 'physical gold' as a hedge against inflation, market volatility and a shrinking U.S. Dollar by NACFC financial consultants. Physical gold has become a preferred option as part of an overall asset allocation strategy among high net worth investors since the beginning of this decade. In fact, Tax experts are now increasingly recommending IRA GOLD plans for portfolio diversification and asset preservation. World-renowned speakers postulated on the need for 'tangible assets' such as gold as a hedge against the 'shrinking' U.S. Dollar at the NACFC conference. The fall of the US Dollar has been inversely proportionate to the rise of gold prices. While the former has seen a fall of over 30% since 2002 the latter has seen a rise of over 200% since 2002. 'IRA GOLD' plans from Capital Gold Group provide both traditional tax-deferred benefits and the safe-haven tangible asset allocation options. Jonathan Rose, who is CEO of the Capital Gold Group and hailed as a vociferous and credible speaker and commentator for worldwide gold markets, including the United States, Hong Kong, Singapore, China, India and Europe, points out the physical gold is 'the missing link' in most portfolios today. Capital Gold Group, Inc. has main offices in Los Angeles and London. Links: http://www.safeasgold.com/
Web Site: http://www.safeasgold.com
Contact Details: Address: Capital Gold Group, Inc, 15303 Ventura Blvd, 9th Floor, Sherman Oaks, CA 91403
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