Blog
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Convert Assets into Physical Gold and Silver
- August 9, 2010
- Posted by: Orkan Ozkan
- Category: Gold
No CommentsLos Angeles – The price of gold closed higher at $1206 an ounce on Friday gaining 2.1 percent for the week. Silver ended the week at $18.50 an ounce, up 2.55 per cent. Former Federal Reserve Chairman Alan Greenspan said last week when commenting on the state of the U.S. economy, “We’re in a pause
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Inflation Fears May Drive Gold to Record High
- August 11, 2009
- Posted by: Orkan Ozkan
- Category: News
Gold prices could set new record highs above $1,030 an ounce in 2009 as investors flock to the precious metal as a hedge against future inflation and a weaker dollar, according to a leading fund manager. Investec Global Gold Fund’s portfolio manager Daniel Sacks said a combination of safe-haven buying of gold as an alternative
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Hedge Funds Buy Gold
- July 30, 2009
- Posted by: Orkan Ozkan
- Category: News
New York, July 30, 2009 — Global Hedge Funds are buying physical gold. In fact, twenty out of 22 hedge fund managers interviewed by Moonraker Fund Management in the United States are buying gold to protect their personal wealth against excessive inflation. Jeremy Charlesworth, Chief Investment Officer of Moonraker and manager of the Moonraker Commodities
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Warren Buffett: “Dollar Worth Less”
- July 24, 2009
- Posted by: Orkan Ozkan
- Category: News
Warren Buffett appeared on CNBC today during the before trading show “Squawk Box”, and told reporters: “The U.S. Dollar will buy a lot less in 10 years than it does today, that’s for sure”… Buffett has been warning investors about the falling U.S. Dollar for many years, including this report: Source: Wall St. Journal Marketwatch
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