Blog
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Everything You Need to Know About the Gold Standard, Part I
- June 4, 2015
- Posted by: Orkan Ozkan
- Category: Gold
1 CommentGold is believed to be the world’s oldest currency, with its earliest use as currency dating back to 643 BCE. Although gold is still considered a currency in its own right and a store of value, over the years it has been largely replaced by fiat currencies or “paper money” like the U.S. dollar as the primary means
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Gold: How the World Stacks Up – An Infographic Series
- June 2, 2015
- Posted by: Orkan Ozkan
- Category: Gold
How does the world stack up when it comes to gold? Due to the varying uses and purposes of gold, there are multiple ways to answer that question. American Bullion answered it in the form of four infographics. Each infographic was shared in its own blog post. Now, take a look at all four as
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Infographic: Which Central Banks Are Buying the Most Gold?
- May 29, 2015
- Posted by: Orkan Ozkan
- Category: Gold
As we pointed out in our previous infographic on which countries hold the most gold, most of the world’s central banks keep physical gold in their reserves. Some central banks hold more gold than others, and some are adding more at a faster pace than others. Our new infographic shows you which central banks added significant
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5 Important Charts to Help You Put Gold Into Perspective
- May 27, 2015
- Posted by: Orkan Ozkan
- Category: Gold
Current or prospective gold owners often focus on gold’s day-to-day price fluctuations and lose sight of the bigger picture. To gain perspective, it can be helpful to look at gold’s performance over a longer period of time or compare it to other data. Below we’ve presented five essential gold charts to help you put the yellow metal into perspective. Remember that past
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Gold IRA vs. Direct Delivery: Your Ultimate Guide
- May 26, 2015
- Posted by: Orkan Ozkan
- Category: Gold IRA
For centuries, people have used gold as an integral part of their investment portfolio. To invest in and own physical gold or physical gold IRA, there are generally two methods that are utilized: direct delivery or a gold IRA. Each method has a unique process associated with it and different advantages and disadvantages. To help
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Think you can trust your money with the banks? Think again.
- May 20, 2015
- Posted by: Orkan Ozkan
- Category: News
A press release from the U.S. Department of Justice revealed Wednesday that major banks Citicorp, JPMorgan Chase & Co., Barclays PLC, The Royal Bank of Scotland plc, and UBS AG have agreed to plead guilty to felony charges. Conspiracy and Manipulation Citicorp, JPMorgan Chase & Co., Barclays PLC, The Royal Bank of Scotland plc agreed
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BofA strategists warn about stocks, recommend adding gold
- May 19, 2015
- Posted by: Orkan Ozkan
- Category: News
Bank of America Merrill Lynch (BAML) strategists have joined the ranks of finance professionals sounding the alarm on the stock market. In a research note sent to clients Monday morning, the BAML strategists led by Michael Hartnett issued the following warning: “Investors remain trapped in ‘The Twilight Zone’, the transition period between the end of QE and the
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Infographic: Which Countries Consume the Most Gold?
We’ve shown you which countries have the largest gold reserves and which countries produce the most gold. Now let’s find out which countries consume the most gold, meaning which countries have the highest consumer demand for gold. Consumer gold demand is made up of jewelry and investment demand (physical coins and bars). See our infographic
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Gold jumps 2.2% to 5-week high on disappointing retail sales
- May 13, 2015
- Posted by: Orkan Ozkan
- Category: News
“Bad news is good news for gold”, as the saying goes, and Wednesday was no exception. New numbers from the Commerce Department showed disappointing April retail sales, boosting expectations that the Fed will wait to raise interest rates. In response, COMEX gold jumped by $25.80 (2.2%) to close at a five-week high of $1,218.20/oz. Silver also
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7 Common Misconceptions About Gold
Gold is perhaps one of the most misunderstood physical assets out there. Below are seven common misconceptions we gathered about gold. 1. The United States Dollar is backed by gold. The U.S. dollar was backed by gold for some time, but is not anymore. After President William McKinley signed the Gold Standard Act in 1900, the U.S. went
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