Blog
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Gold Starts Out Strong in 2014
- January 6, 2014
- Posted by: Orkan Ozkan
- Category: Gold
No Comments2013 was a slower year for gold, but as investors head into 2014, signs can already be seen that gold is showing promise in the new year. Physical demand is up, and gold is once again being touted as a safe haven investment. Global Increase in Physical Gold Demand Gold coins are flying off the
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Turmoil in India over Gold
- January 6, 2014
- Posted by: Orkan Ozkan
- Category: Gold
India’s wedding season is here and the need for gold is expectedly high. This year, however, there are a few issues in terms of purchasing of the yellow metal. Import taxes are high, and it seems smuggling is now on the rise as well. Import Taxes on Gold In recent years, the tax on gold
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Fed Tapering and Gold in 2014
- December 20, 2013
- Posted by: Orkan Ozkan
- Category: News
This was a historical week for gold. The Federal Reserve finally decided to begin tapering the economic stimulus program. Gold values took a hit after this announcement, but will investors see a turnaround from gold in 2014? The Call for Tapering Wednesday marked the day the Federal Reserve finally chose to pull back from the
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Bloomberg: Why London’s Gold Vaults Are Empty
- December 20, 2013
- Posted by: Orkan Ozkan
- Category: News
Bloomberg’s Kenneth Hoffman reported on what to watch in the precious metals market in 2014. He spoke to Mark Barton and Anna Edwards on Bloomberg Television’s Countdown about what is actually happening to gold supplies. Kenneth comments that “You could go into a vault in London a couple of years ago and they would be
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First US Mint Bullion Dealer to Accept Bitcoin for Physical Gold
- December 19, 2013
- Posted by: Orkan Ozkan
- Category: News
American Bullion, the leading authority for adding physical gold and silver to individual retirement accounts, announced today that they will accept Bitcoin as a form of payment for individuals looking to purchase physical gold and silver coins or bars. This announcement makes American Bullion the first nationally-listed U.S. Mint dealer to accept Bitcoin. “With its
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Rich Dad’s Advice for 2014
- December 14, 2013
- Posted by: Orkan Ozkan
- Category: Investment
What would you do if you have had $10,000? Would you spend it, pay off past debts perhaps? If you’re Robert Kiyosaki, author of the best-selling investment guide “Rich Dad Poor Dad”, you would invest it, with 25% of that investment going toward precious metals. “With gold and silver prices heading down, I would be acquiring
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Gold Swings as Investors Wait for the Next Federal Reserve Meeting
- December 14, 2013
- Posted by: Orkan Ozkan
- Category: News
This week saw a dip in gold prices, with a moderate recovery later in the week. It seems like everyone is waiting for the next Federal Open Market Committee meeting to take a steadfast position on what the yellow metal will do. The later part of the week saw news of upbeat U.S. retail sales, which
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3 Reasons You Should Consider Gold Before the New Year
- December 10, 2013
- Posted by: Orkan Ozkan
- Category: Gold
With a wave of recent headlines boasting how well the U.S. economy is performing, some individuals believe gold may have lost some of its glimmer. However, as the year comes to an end, here are a few points you may want to consider on gold’s ability to shine in 2014. 1) Has Gold Reached the
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A Very Busy Week for Gold
- December 5, 2013
- Posted by: Orkan Ozkan
- Category: News
There’s a massive amount of economic data being released this week and it seems gold prices are caught in a crossfire. Here’s a look at the headlines of this week and how it relates to the yellow metal. Early This Week: Data released early in the week showed that U.S. manufacturing grew at its fastest
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IRAs Now More Than One-Fourth of Retirement Market
- November 27, 2013
- Posted by: Orkan Ozkan
- Category: News
Individual retirement accounts now represent more than one-fourth of U.S. total retirement market assets, up from 17 percent 20 years ago, according to the Investment Company Institute. There was $5.7 trillion in IRA assets recorded at the end of the second quarter of 2013. In June, IRA assets were 9 percent of all household financial
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