Blog
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Historical Facts About the California Gold Rush
- June 20, 2016
- Posted by: Orkan Ozkan
- Category: Gold
No CommentsThe California Gold Rush is one of those events everyone has heard of, but doesn’t actually know much about beyond a few basic facts. For example, most people know the gold rush began when James Marshall discovered two gold nuggets in the American River near Sutter’s Mill in January 1848 and that news of the
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Financial Fiction At Its Finest
- June 16, 2016
- Posted by: Orkan Ozkan
- Category: News
Yesterday, the FOMC released their dot plot report, showing economic forecasts, projected interest rates and a policy statement. Shockingly, the investment community was hanging on every word of the report, searching for some sign or glimmer of hope. I’m not the least bit familiar with the accuracy rating of Punxsutawney Phil, but I’d be willing
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Not Saving Early for Retirement is Number One Financial Regret for Americans
- June 10, 2016
- Posted by: Orkan Ozkan
- Category: Retirement
If you haven’t opened a retirement account yet, you’re not alone. According to nationwide surveys, more Americans cite not saving early for retirement as their biggest financial regret, putting this mistake ahead of other common missteps such as taking on too much student loan debt, running up large credit card bills, buying too big a
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What Happens to Retirement Accounts Upon Death or Divorce?
- June 7, 2016
- Posted by: Orkan Ozkan
- Category: Retirement
No one likes to think about things like divorce or death; however, these issues are a part of life that must be addressed at some point. Part of a smart financial strategy is understanding what will happen to your retirement accounts if you divorce your spouse, or when you pass away. This information helps not
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Wondering Which Type of Pre-Tax Retirement Account to Open?
- June 3, 2016
- Posted by: Orkan Ozkan
- Category: Retirement
Regardless of your age, your investment focus should be on building a solid retirement account throughout the course of your working years. The most efficient way to do this is through a pre-tax retirement account, which allows you to contribute a certain amount of tax-deferred money to the account each year. But what kind of
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FOMC: Feeling the Need for Speed
- June 1, 2016
- Posted by: Orkan Ozkan
- Category: News
The Organization for Economic Cooperation today downgraded their expectations for U.S. economy expansion in 2016 from 2.0% to 1.8% and the Institute for Supply Management released their Manufacturing Purchasing Managers Index Report, which showed a surprising gain of .8% instead of an anticipated loss. Still to come this week are the consumer confidence report, jobless
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The perfect storm is brewing!
- May 27, 2016
- Posted by: Orkan Ozkan
- Category: News
The U.S. is in an economic mess and its citizens are ready to revolt, as can be witnessed by a visit to any presidential candidate rally, but the sad reality is that the damage has been done and the resulting economic collapse is both inevitable and unstoppable. There are two distinct groups entirely responsible for
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Gold in Mythology
- May 24, 2016
- Posted by: Orkan Ozkan
- Category: Gold
In our modern world, gold is relatively easy to obtain. If you want to purchase it in decorative form, you simply visit a local jewelry store and select whichever necklace or bracelet catches your eye. If you want to treat it as an investment or a means to fund your future retirement, all you have
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Why is George Soros Betting So Big on Gold?
- May 19, 2016
- Posted by: Orkan Ozkan
- Category: Gold
Everything you need to know about the billionaire’s recent financial strategy shift, away from stocks and toward gold. In 1992, George Soros made a bold prediction about the British pound. After assessing global economic trends, Soros placed a $10 billion (US dollar) wager that the pound would soon sharply decline in value. Following that bet,
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Even Central Banks Have Been Forced to Catch the Gold Train
- May 17, 2016
- Posted by: Orkan Ozkan
- Category: Government
Central banks all over the world tried their best to keep a straight face as they pontificated about the virtues of their various quantitative easing efforts. But as 2016 progressed, even they realized that their hyperbole was having no effect and the gold train was leaving the station without them. So like the large gold
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