
Orkan Ozkan
-
Gold reaches near 4-week high on lower dollar, Fed uncertainty
- October 13, 2014
- Posted by: Orkan Ozkan
- Category: News
No CommentsGold rose on Monday, with the spot price hitting a near four-week high of $1,237.30 an ounce, amid a drop in the dollar and uncertainty over when the Federal Reserve might raise interest rates. The previous week gold posted a 2.7% gain, its largest weekly gain in four months. The minutes from the Federal Reserve’s mid-September meeting were
-
This Week in Gold: Fed meeting, analyst opinions, and more
- October 10, 2014
- Posted by: Orkan Ozkan
- Category: This Week in Gold
This week in gold, we shared with you some interesting opinions on gold and silver from various analysts, including thoughts from former Federal Reserve Chairman Alan Greenspan. We also covered the official minutes from the Fed’s mid-September meeting and their effect on the markets. Former Fed Chairman Alan Greenspan Talks Gold Alan Greenspan, who served as Chairman
-
American Bullion featured in American Hard Assets magazine
- October 10, 2014
- Posted by: Orkan Ozkan
- Category: News
American Bullion is proud to have been featured in the latest issue of American Hard Assets magazine with an informational article on precious metal IRAs. The article, titled Safeguarding Your Retirement With a Precious Metals IRA, contains information on the history, process, requirements, and benefits of opening a precious metals IRA (commonly referred to as
-
What have analysts been saying about gold and silver?
- October 9, 2014
- Posted by: Orkan Ozkan
- Category: Gold
You’ve probably heard that gold and silver have hit lows recently, but what do analysts have to say about this? Below is a recap of three recent articles containing valuable insight. Gold: Time to Prepare for Big Gains? At the recently held Casey Research Fall Summit, positive outlooks on gold were abound among attendees. David Tice, founder
-
Gold gets boost after Fed shows concern over dollar, economic growth
Gold prices received a boost of about 1% on Wednesday as minutes from the Federal Reserve’s mid-September meeting were released. The minutes showed concern from the central bank about the strengthening dollar and weak economic growth in Europe and Asia. The Wall Street Journal explains: Officials worried at the Sept. 16-17 policy meeting that a burgeoning U.S.
-
Former Fed Chairman Alan Greenspan Talks Gold
- October 7, 2014
- Posted by: Orkan Ozkan
- Category: Gold
In an essay featured in Foreign Affairs titled “Golden Rule: Why Beijing Is Buying”, former Federal Reserve Chairman Alan Greenspan praises the various properties and benefits of physical gold, claiming “gold has special properties that no other currency, with the possible exception of silver, can claim.” He makes some other compelling statements, such as: “For more than two millennia,
-
This Week in Gold: U.S. Dollar Infographic, Market Happenings
- October 3, 2014
- Posted by: Orkan Ozkan
- Category: This Week in Gold
This week in gold, we shared an infographic depicting what $1 buys you then vs. now and covered notable movements in both the stock and gold markets. While markets may fluctuate, remember that physical gold is seen as a long-term investment offering real value and peace of mind that your wealth is protected. Infographic: “Then vs. Now:
-
Did you hear the news? Gold at lowest level this year
- October 3, 2014
- Posted by: Orkan Ozkan
- Category: News
Following reports that U.S. job growth rebounded in September, gold fell to its lowest price yet in 2014. Gold for December delivery fell by 1.9% to $1,192.30 an ounce on the Comex, its lowest price since December 31, 2013. The positive jobs data set off concerns that the Federal Reserve may raise interest rates in 2015,
-
Dow Falls on Worries about Global Growth
- October 2, 2014
- Posted by: Orkan Ozkan
- Category: News
U.S. stocks fell to their lowest levels since mid-August on Wednesday, as the Dow Jones Industrial Average lost 235 points, or 1.4%, the S&P 500 lost 27 points, or 1.4%, and the Nasdaq Composite Index lost 77 points, or 1.7%. Gold futures gained 0.3% to $1,214.60 an ounce. Stocks began to decline later in the day after
-
Infographic: “Then vs. Now: What Does $1 Buy You?”
- September 29, 2014
- Posted by: Orkan Ozkan
- Category: Currency
Mashable has created an infographic depicting how much $1 would buy you in the past as compared to what it can buy you in 2014. The introduction reminds us that “The dollar ain’t quite what it used to be.” For example, $1 in 1913 could be used to purchase 4 lbs. of sirloin steak, while today $1 can only

How can we help you?
Contact American Bullion with any questions about your Gold IRA and investment strategies. Our agents are ready to help get your started!