
Orkan Ozkan
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Gold Back Above $1,300/oz. as U.S. Imposes New Sanctions on Russia
- July 17, 2014
- Posted by: Orkan Ozkan
- Category: News
No CommentsAfter hitting a four-week low earlier in the week, gold is back above the $1,300 mark to $1,318 as buyers are taking advantage of low prices and new U.S. sanctions on Russia have hurt the stock market. Palladium also remains at a 13 1/2-year high. Russia accounts for nearly half of total palladium supply. The
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Quantitative Easing, Part II: What Does QE Mean for Gold?
- July 17, 2014
- Posted by: Orkan Ozkan
- Category: Gold
On Monday we gave an overview of quantitative easing (QE), explaining what it is, who controls it, and how the American public receives information about it. QE is a program implemented by the Federal Reserve that injects new money into the American economy in hopes of helping it grow. But how does it relate to gold? Quantitative Easing
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Fed Chair Janet Yellen: “Considerable Uncertainty” of Economic Outlook
- July 15, 2014
- Posted by: Orkan Ozkan
- Category: News
Federal Reserve Chairwoman Janet Yellen testified in front of the Senate Banking Committee this morning regarding the Fed’s economic outlook, accompanying their semi-annual monetary policy report. She hinted that the positive data coming from the labor market has surprised the Federal Open Market Committee, and may lead them to raise interest rates higher and sooner than
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This Week in Gold: Retirement Tips, Top Assets, Fed News, Market Shock
- July 11, 2014
- Posted by: Orkan Ozkan
- Category: This Week in Gold
This week in gold, we were reminded of the uncertainty and unpredictable nature of the market. We gave you tips on using gold to better plan your retirement, divulged the top-performing assets so far this year, recapped the response to the mid-June Fed meeting, and saw stocks fall after some unsettling European economic news. Gold Can Help You Avoid
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Portugal’s Largest Publicly-Traded Bank in Trouble, Stocks Plummet
- July 10, 2014
- Posted by: Orkan Ozkan
- Category: News
EspÃrito Santo International, the parent institution of Portugal’s largest publicly-traded bank Banco EspÃrito Santo (BES), announced on Tuesday that it had missed payments on some of its debt. Today, July 10th, trading of both EspÃrito Santo International and BES stocks was suspended. BES is also Portugal’s second-largest lender. In response, stocks have fallen. European stocks are down by
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Fed Meeting Minutes Released, Precious Metals Rally
- July 9, 2014
- Posted by: Orkan Ozkan
- Category: News
Minutes from the Federal Open Market Committee’s mid-June meeting were released at 2:00 p.m. EST today and the precious metals market has reacted accordingly. Gold hit $1,330 an ounce, a rise of 1%, just a half hour after the minutes were made public. They revealed much of what was expected: there will be no hike
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Top Three Reasons Clients Choose American Bullion
- July 9, 2014
- Posted by: Orkan Ozkan
- Category: Gold
American Bullion is a trusted leader in adding physical precious metals to your Individual Retirement Account. We specialize in converting your existing IRA or former 401(k) into gold or other precious metals. We also specialize in providing investors with a wide range of precious metal products delivered safely and securely to their doors. Besides fulfilling the needs
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What Were the Top-Performing Assets During the First Half of 2014?
- July 8, 2014
- Posted by: Orkan Ozkan
- Category: News
The end of June marked the end of Q2 2014 and the first half of the financial year. Can you guess what June’s top-performing asset was? And the only one yielding double-digit returns? None other than silver. Gold came in second, and the worst-performing asset was wheat. In Q2 (the months of April, May, and June), silver
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Using Gold to Help Avoid Common Retirement Planning Mistakes
- July 7, 2014
- Posted by: Orkan Ozkan
- Category: Gold
There are many different variables that can threaten your retirement funds, and it is imperative to take these variables into consideration as much as possible when planning your retirement. U.S. News & World Report published an article by Kelly Campbell listing five common mistakes people make in their retirement planning which points out such variables as interest
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This Week in Gold; Latest Economic News
- July 3, 2014
- Posted by: Orkan Ozkan
- Category: This Week in Gold
This week in gold, a week cut short by the 4th of July holiday tomorrow, we saw some precious metals rally and learned the basics of coin grading and mint states. We sought to explain why this happened and gave analysts’ opinions. Today, markets are reacting to economic news on employment and interest rates. Fed chairwoman Janet

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