
Orkan Ozkan
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This Week in Gold: Royal Mint, Fed Basics, Stock Market Woes
- September 26, 2014
- Posted by: Orkan Ozkan
- Category: This Week in Gold
No CommentsThis week in gold, the UK’s Royal Mint opened its doors to members of the public looking to own gold, we answered basic questions regarding the U.S. Federal Reserve, and the stock market experienced a tumble that concerned some experts. As market watchers anticipate the end of the third quarter and some gold-heavy holidays coming up in
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Stocks Tumble, Some Experts Warning of Correction
- September 25, 2014
- Posted by: Orkan Ozkan
- Category: News
The S&P 500, Dow Jones Industrial Average, and Nasdaq all tumbled on Thursday at close, making it the worst day of performance for all three indexes since July 31. Tech giant Apple announced on late Wednesday that its latest software update contained a glitch that was preventing users from making phone calls, and subsequently its
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What is the Federal Reserve? Basic Questions Answered
- September 24, 2014
- Posted by: Orkan Ozkan
- Category: Government
A central bank, according to a basic Google search, is: “a national bank that provides financial and banking services for its country’s government and commercial banking system, as well as implementing the government’s monetary policy and issuing currency”. The United States’ central bank is called the Federal Reserve, nicknamed “The Fed”. What is the history
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UK’s Royal Mint Encouraging Public to Become Gold Investors
- September 23, 2014
- Posted by: Orkan Ozkan
- Category: News
The Royal Mint, the official government mint of the United Kingdom, has launched a new website selling gold and silver bullion coins in aim to make it easier for members of the public to invest in gold. The website, royalmintbullion.com, is meant to offer “relatively affordable” precious metals struck by the Royal Mint to everyday investors. Prices are
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This Week in Gold: Interest Rates, Fed Meeting, Scotland Decides
- September 19, 2014
- Posted by: Orkan Ozkan
- Category: This Week in Gold
This week in gold, we saw a few interesting events unfold that each had an influence on gold, such as the latest Federal Reserve statement and the Scottish independence referendum. We also took a look at gold’s controversial relationship with interest rates and how the world’s nations rank in terms of gold holdings and production. With
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Gold Feeling Effects of Fed Meeting and Scotland’s Independence Vote
- September 18, 2014
- Posted by: Orkan Ozkan
- Category: Government
Gold fell and then stabilized on Wednesday afternoon as the Federal Reserve released a policy statement upholding its plans to keep interest rates near zero for a “considerable time” (read the full statement here). Around 2:53 p.m. EDT, gold for December delivery fell by $3.90 to $1,232.80 an ounce on the Comex. It finished the session at $1,235.90, which
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Gold: How the World Stacks Up
- September 17, 2014
- Posted by: Orkan Ozkan
- Category: Gold
Ever wondered which countries hold the most gold? What about gold production? And why is this important? Read on to find out. Countries and Organizations Ranked by Gold Holdings The International Monetary Fund maintains records of national assets reported by various countries, which the World Gold Council (WGC) then uses to determine and rank the official
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Gold and Interest Rates: What You Need to Know
As Monday’s blog pointed out, gold bugs are currently juggling multiple economic and geopolitical indicators that are affecting the gold price, one of them being U.S. interest rates. The Federal Reserve is meeting on Tuesday-Wednesday of this week and is expected to announce a raise in short-term interest rates, which have been at near-zero levels since
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5 Reasons for Gold’s Recent Fall in Price
- September 15, 2014
- Posted by: Orkan Ozkan
- Category: Gold
It is well-known that gold has an inverse relationship with the economy. When the economy is doing well, gold prices tend to fall, and vice versa. This is why gold is oftentimes used as a “rainy day” investment, meant to serve as a safe haven for when the economy takes a downturn. The state of
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This Week in Gold: U.S. Mint Facts, Mining News, Golden Opportunities
- September 12, 2014
- Posted by: Orkan Ozkan
- Category: This Week in Gold
This week in gold we gave you a guide to the United States Mint, covered an interesting development in the gold mining industry, and explained why gold is currently presenting a unique buying opportunity. If you’ve been thinking about investing in gold for a while but prefer a lower buy-in price, now may be the time to finally

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