
Orkan Ozkan
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Gold Has Outperformed All Major Asset Classes This Year
- August 13, 2014
- Posted by: Orkan Ozkan
- Category: News
No CommentsThe chart below from Reuters shows that gold, despite its somewhat disappointing performance lately, has still been outperforming all major asset classes this year. This can be attributed partly to the heavy amount of geopolitical risk present as of late – according to Zero Hedge, 11.7% of the world is at war right now
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Gold Passes $1,310 on More Russia/Ukraine Concerns
- August 12, 2014
- Posted by: Orkan Ozkan
- Category: News
Spot gold went up 0.3% to $1,314.80 an ounce on Tuesday morning, while gold for December delivery was up $6.00 an ounce at $1,316.50. Analysts are citing geopolitical concerns regarding Russia and Ukraine as well as falling confidence in the U.S. and European economies. Ukrainian military spokesman Andriy Lysenko said on Monday that Russia had amassed 45,000
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This Week in Gold: Ron Paul, India, Retirement, More Geopolitical Woes
- August 8, 2014
- Posted by: Orkan Ozkan
- Category: This Week in Gold
This week in gold, Ron Paul explained to CNBC why he still believes in gold, India continued its deep culturally-embedded love affair with the yellow metal, high levels of geopolitical and economic woes shook markets, and a study gave insight into how much is enough to retire happy. Looking back at the week, we are reminded
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Is There a “Magic Number” for Retiring Happy?
- August 7, 2014
- Posted by: Orkan Ozkan
- Category: Retirement
Most people know the importance of preparing and saving for retirement, but how much is enough? Or perhaps more importantly, how much is enough to retire happy? The answer may be different for each individual depending his or her circumstances, needs, and desires, but a survey conducted by financial planner Wes Moss offers some valuable insight. Moss
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Gold Rallies on High Levels of Geopolitical and Economic Uncertainty
- August 6, 2014
- Posted by: Orkan Ozkan
- Category: News
Gold reached its highest price in almost two weeks on Wednesday, as investors worried about geopolitical tensions and the economic landscape in Europe. Gold for December delivery gained $22.90, or 1.8%, to reach $1,308.20 per ounce – its highest price since July 21. In summary, investors have been watching the following economic and geopolitical stories: Italy’s economy has fallen into recession
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Forbes: “India’s appetite for gold defies market conditions”
- August 5, 2014
- Posted by: Orkan Ozkan
- Category: News
India loves gold – especially if it’s Swiss gold. According to the Swiss government, Switzerland’s total value of exported gold and silver bullion in the month of June was 3.9 billion Swiss franc ($4.3 billion USD), of which India accounted for 1.63 billion francs ($1.8 billion USD, or 42%). In India gold is used primarily in
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Ron Paul: “Why I Still Believe in Gold”
- August 4, 2014
- Posted by: Orkan Ozkan
- Category: News
Dr. Ron Paul, former U.S. Representative and one of the most important voices of America’s libertarian movement, was interviewed on CNBC’s “Futures Now” about his outlook on gold. In the interview, which took place on July 29th, Dr. Paul remarked on the rise in the price of gold over the last few decades, and what that
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This Week in Gold, and Argentina’s Default
- August 1, 2014
- Posted by: Orkan Ozkan
- Category: This Week in Gold
This week in gold was full of economic news that investors then reacted to in markets far and wide. The data on the U.S. economy was mostly positive, but not without caution. Meanwhile, Argentina has defaulted on its debt, sending markets into a tailspin. Geopolitical tensions have also been weighing on the precious metals market, with
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Federal Reserve Releases Statement after Latest Meeting
- July 31, 2014
- Posted by: Orkan Ozkan
- Category: News
The Federal Reserve completed its two-day meeting on Wednesday and announced that it will continue to taper off its bond-buying program (also known as Quantitative Easing or QE), citing an improving U.S. economy. The plan to end the program completely in October still stands. The Fed’s Statement Regarding Purchases of Treasury Securities and Agency Mortgage-Backed Securities reads as follows:
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Gold Investors Weigh Latest U.S. Economic Data Against Geopolitics
- July 30, 2014
- Posted by: Orkan Ozkan
- Category: News
Gold fell from a one-week high on Tuesday but was little changed on Wednesday morning as investors are weighing signs of an improving U.S. economy against geopolitical tensions in Russia/Ukraine and the Middle East. The Federal Reserve concludes their two-day meeting on Wednesday, and data is expected to show that the economy rebounded last quarter.

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