Blog
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The Dangers of an All-Powerful Federal Reserve
- October 4, 2013
- Posted by: Orkan Ozkan
- Category: Government
No CommentsWe came across an interesting infographic today discussing the dangers of an all-powerful federal reserve. The infographic discusses the consumer price index, fiat money, quantitative easing and the process for who really pays for government loans. Many individuals believe owning physical gold provides safety and security against the declining value of the dollar. If you’d
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What if a Typical Family Spent Money Like the Federal Government?
- September 26, 2013
- Posted by: Orkan Ozkan
- Category: Government
The Heritage Foundation released a new graphic showing what it would look like if a typical family spent money like the federal government. This creative example describes the type of debt that the government is taking on. Brad Plumer at the Washington Post expanded on this by explaining what else would be true if a fictional
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Gold Values Jump after Federal Reserve Meeting
- September 18, 2013
- Posted by: Orkan Ozkan
- Category: Government
Gold prices jumped today after todays Federal Open Market Committee (FOMC) meeting released their economic projection charts. The economic projection charts display actual and projected values for three economic variables based on FOMC participants’ individual assessments of appropriate monetary policy from 2008 to 2016: 1. Change in Real Gross Domestic Product (GDP)—as measured from the fourth quarter of the previous
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What the Love Trade means for September Gold Values
- September 16, 2013
- Posted by: Orkan Ozkan
- Category: News
Some individuals buy gold out of fear of war or poor government policies, they view the the precious metal as a safe haven during times of crisis. However, there are often other factors beyond wars or governments driving the value of gold. One of these factors is know as the “Love Trade”. The Love Trade consists
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U.S. Could Hit Debt Ceiling as Soon as October 18
- September 16, 2013
- Posted by: Orkan Ozkan
- Category: News
CNN recently reported that Oct. 18 could be the date the U.S. bangs its head against the debt ceiling. A new study by the Bipartisan Policy Center listed the date as the earliest that the government’s cash supply could run out somewhere between Oct. 18 and Nov. 5. That timeframe fits with a letter Treasury
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Jobs Data, Syria, and Beyond
- September 6, 2013
- Posted by: Orkan Ozkan
- Category: Government
It’s been another interesting week for the gold market. Reports on Syria and recent economic data have both had a pull on the yellow metal. Here is a look at this week in gold and what’s to come. Economic Data Spawns Tapering Worries New job data released at the end of the week showed that
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How High Can Gold Values Go?
- September 6, 2013
- Posted by: Orkan Ozkan
- Category: Gold
In a recent article posted by Citi FX Technicals on ZeroHedge, the case was made that it is no coincidence that gold values and the U.S Debt Limit have expanded together over the last 10-12 years. As we continue to spend more than we earn and shift that liability to the next generation Gold has shown
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Another Good Showing for Gold This Month
- August 30, 2013
- Posted by: Orkan Ozkan
- Category: News
Pending any major news for the rest of the week, gold is set to gain around 5% at the close of August. Recent news of the turmoil in Syria has given gold a boost over the past few days which pushed the price over the $1,430 per ounce mark. After this, gold curtailed some due
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American Bullion Featured on “Possibility of Today” Podcast
- August 28, 2013
- Posted by: Orkan Ozkan
- Category: Press & Media
[soundcloud url=”http://api.soundcloud.com/tracks/107713691″ params=”color=ff6600&auto_play=true&show_artwork=false” width=” 100%” height=”166″ iframe=”true” /] Possibility of Today podcast host Sibyl Chavis, a former attorney and HR executive turned writer, possibility seeker, and lifelong learner, recently interviewed Senior Account Executive Kirill Zagalsky about the options for adding physical gold to retirement accounts. Podcast Summary: Did you know that we are supposed to continually
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U.S. Will Hit Debt Limit Mid-October
- August 28, 2013
- Posted by: Orkan Ozkan
- Category: News
In a recent article on USAToday, the federal government’s credit card will hit its limit in mid-October, Treasury Secretary Jack Lew said Monday in a letter to House Speaker John Boehner, R-Ohio. Lew urged Congress to reach a budget deal to increase the $16.7 trillion borrowing limit in order to avoid rattling financial markets. Raising the
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