Blog
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Gold’s Recent Lull and the Big Picture
- March 28, 2014
- Posted by: Orkan Ozkan
- Category: News
No CommentsGold dropped below the $1,300 per ounce mark this week, down more than $30 per ounce from the close of last week. It’s important to note the reasons for this lull which includes the recent signs of U.S. economic growth as well as the subsiding turmoil over the Crimea region. While these are short term
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A Rough Week for Gold, But Still Up 11% in 2014
- March 21, 2014
- Posted by: Orkan Ozkan
- Category: News
Monday gold saw a 6-month high of just over $1,390 per ounce. As the week continued on, however, gold lost about 3% of its value. Tensions in Ukraine have cooled down recently which has also brought gold down. Furthermore, comments from the Federal Reserve this week had an adverse effect on the yellow metal. These
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The Bull Market: How Trends Impact Gold Values
- March 19, 2014
- Posted by: Orkan Ozkan
- Category: Gold
Deciding on the best time to invest is a dilemma that causes many first-time and seasoned investors to struggle with. Understanding how the markets work is your best bet for generating a return on your investment. Definition of Bull and Bear Markets A bull market is defined as a point in time when there is
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2 Reasons Gold May Reach $1,400 per Ounce
- March 14, 2014
- Posted by: Orkan Ozkan
- Category: News
Gold has come a long way this year. Almost every week since the start of the new year gold has managed to post an overall gain. Now the yellow metal is up 14% for the year and shows little sign of slowing down. The recent turmoil in Crimea has now caused gold to rise near
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This Week in Gold: Ukraine, China, and U.S. Jobs Data
- March 14, 2014
- Posted by: Orkan Ozkan
- Category: This Week in Gold
Gold experts were buzzing in late 2013 about prices increasing in 2014, and they seem to be correct so far – gold prices have risen 11% since the start of this year. Both domestic and international news in particular have had a large impact on gold prices as of late. This week in gold, the
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Gold Mining Stocks vs. Physical Gold
After going down to its lowest prices in almost three decades, gold is off to a solid start in 2014. With gold ending a second straight month on a 10-plus percent rise, many believe the bears have gone into hibernation. Along with this renewed interest for the yellow metal, gold mining stocks have also started
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Issues Overseas Cause Gold to Rise
- March 7, 2014
- Posted by: Orkan Ozkan
- Category: News
Gold prices are up about 11% this year and show little sign of slowing down. This week has been another profitable one for the yellow metal as geo-political issues are heating up overseas. It seems the situation in Ukraine is nearing a boiling point, which has investors eager to protect their wealth with safe haven
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What China’s Economy Means for Future Gold Values
- March 7, 2014
- Posted by: Orkan Ozkan
- Category: News
Recent data published by the World Gold Council (WGC) once again undermined the fears of gold naysayers, who point to the threat of a Chinese economic collapse, or even pronounced recession, as a major risk to owning the precious metal. In February, the WGC announced that Chinese consumer demand for gold jumped 32% in 2013,
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Modern-Day Buried Treasure Could Be Unsolved Gold Heist
- March 3, 2014
- Posted by: Orkan Ozkan
- Category: News
Just when we thought this story couldn’t get any more exciting – there’s a possible surprise twist! Last week, one lucky Sierra Nevada couple was walking their dog when they stumbled across a gold mine. It wasn’t an actual gold mine, but instead gold coins – 1,427 gold coins to be exact! Since then, the
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Money Managers and Hedge Funds Hike Gold Wagers
- March 3, 2014
- Posted by: Orkan Ozkan
- Category: News
Money managers and hedge funds boosted bullish gold wagers to a three month high in February as demand for safe haven assets grew. Fueling interest in gold among smart money players are: A string of soft data that hints at a slowing U.S. economy Melting emerging markets Geopolitical turmoil in Ukraine, Turkey and Argentina Bargain
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