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Hilbroy Advisory: Gold nears record high
Hilbroy Advisory: Gold nears record high
Oil was also boosted by new data showing U.S. gasoline demand continues to rise despite sharp price increases at the pump.
Montreal,
Quebec,
Canada
(prbd.net)
24/03/2011
Montreal, Quebec, March 23, 2011– Hilbroy Advisory Inc. (DeutcheBörse: 2H0) Hilbroy Advisory Reports: Gold prices neared record highs Wednesday and oil also advanced amid turmoil in Libya and the Middle East and continuing worries about Europe’s debt crisis.
Oil was also boosted by new data showing U.S. gasoline demand continues to rise despite sharp price increases at the pump.
April gold rose for the sixth consecutive trading session and closed at $1,438.00 US an ounce, up $10.40 on the New York Mercantile Exchange. That took it closer to its record of $1,445.70 an ounce reached on March 7.
April silver was at 30-year highs, closing at $37.195 US an ounce, up 93.4 cents. May light sweet crude added 78 cents to $105.75 US per barrel on the Nymex.
An Energy Information Administration report released Wednesday suggested that American motorists are so far handling higher fuel costs without cutting back.
U.S. retail prices, at a national average of $3.548 US per gallon (94 cents US per litre), remain at the highest ever for this time of year and have reached a point where economists expect consumers to start to cut spending.
In Canada, where gasoline prices are always higher compared with the United States, the national price compiled by Gasbuddy.com was 122.43 cents Canadian, up about one cent from Tuesday and up from 113.95 cents a month ago.
About Hilbroy Advisory Inc.
Hilbroy Advisory Inc. is a Canadian based advisory and consultancy services company founded in 2000. Our Company provides publicly traded and private companies, institutions and individuals with a series of advisory services enabling these companies to fully reach their corporate objectives and potential.
Our specialists will customize a service package that includes reviewing, identifying and recommending a series of specific action and tasks that help their clients’ management decisions when seeking
• Go Public strategy,
• Debt and or equity financing
• Identify prospective investors
• Hire investor relations firm
• Cross listing decisions
• Planning road-shows and promotional campaigns.
Hilbroy Advisory has established numerous international relationships over the years with Broker Dealers, Hedge Funds, Institutional Investors, High net worth Investors as well as with investor relations firms and consultants. These relationships are made available to all Hilbroy clients and our team will manage the relationships from introduction to post financing activities.
Contact:
Jean François Amyot
HilbroyAdvisory, Inc.
1400 rue Begin
Montreal, QC H4R 1X1
info@hilbroyadvisory.com
www.hilbroyadvisory.com
Tel: 514-334-3131
Important Information About Forward-Looking Statements
All statements in this news release that are other than statements of historical facts are forward-looking statements, which contain our current expectations about our future results. Forward-looking statements involve numerous risks and uncertainties. We have attempted to identify any forward-looking statements by using words such as "anticipates", "believes", "could", "expects", "intends", "may", "should" and other similar expressions. Although we believe that the expectations reflected in all of our forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct.
A number of factors may affect our future results and may cause those results to differ materially from those indicated in any forward-looking statements made by us or on our behalf. Such factors include our limited operating history; our need for significant capital to finance internal growth as well as strategic acquisitions; our ability to attract and retain key employees and strategic partners; our ability to achieve and maintain profitability; fluctuations in the trading price and volume of our stock; competition from other providers of similar products and services; and other unanticipated future events and conditions.
About
Hilbroy Advisory Inc. is a Canadian based advisory and consultancy services company founded in 2000. Our Company provides publicly traded and private companies, institutions and individuals with a series of advisory services enabling these companies to fully reach their corporate objectives and potential.
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