Blog
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11 powerful people and their insights on gold
- March 4, 2015
- Posted by: Orkan Ozkan
- Category: Gold
2 CommentsWhat have some of the most well-known investors and other influential people said about gold? Read on for their powerful insights. 1. Steve Forbes Editor-in-Chief of Forbes magazine, in a 2005 interview with Investment U: “Gold is a constant. It’s like the North Star.” 2. John Paulson Billionaire hedge fund manager, to Bloomberg Business in 2012: “We view gold as a currency, not a
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25% of Americans believe they won’t get anything from Social Security
- March 3, 2015
- Posted by: Orkan Ozkan
- Category: Retirement
How much retirement income do Americans expect to receive from Social Security? According to a survey by Bankrate.com, for many Americans the answer is not very much, if anything. The survey found that only 13% of Americans expect it to account for all or most of their retirement income, 14% expect it to account for half, and
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This Week in Gold: Yellen’s Yelling
- February 27, 2015
- Posted by: Orkan Ozkan
- Category: This Week in Gold
Gold again hovered around its key $1,200/oz. level this week, with a low of $1,191.75 and a high of $1,219.92. If you’re looking to buy gold at a relatively low price, the opportunity still stands. All eyes were on Fed Chair Janet Yellen for much of the week, as she testified before Congress on Tuesday
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4 important takeaways from Yellen’s testimony before Congress
- February 25, 2015
- Posted by: Orkan Ozkan
- Category: Government
Federal Reserve Chair Janet Yellen completed her semiannual report to Congress on Wednesday, testifying before the House Financial Services Committee and the Senate Banking Committee. Here are four important takeaways from her testimony, and what it has to do with gold. 1. Yellen is happy with the recent economic growth – but sees room for improvement On economic
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Did Alan Greenspan hint at a market correction coming?
- February 24, 2015
- Posted by: Orkan Ozkan
- Category: News
Former Federal Reserve Chairman Alan Greenspan has not been shy in his criticism of the Fed’s current policy and his praise for gold’s “special properties that no other currency, with the possible exception of silver, can claim.” At the New Orleans Investment Conference in October of last year, he reportedly delivered a bombshell during private conversation with resource
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5 reasons to buy gold you may not have thought of
Here are five examples of less talked-about reasons to buy gold. 1. Gold can be passed down from generation to generation Many of American Bullion’s clients like the fact that they can easily pass down their precious metals to their children as a way of transferring their wealth. The gold coins you buy today could eventually become an important
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This Week in Gold: Back to $1,200…Buying opportunity?
- February 20, 2015
- Posted by: Orkan Ozkan
- Category: This Week in Gold
After touching $1,300/oz. in late January, gold is again hovering around its $1,200 resistance level. It did quite a bit of bouncing around this week, however, hitting a low of $1,197.56 on Wednesday and a high of $1,222.90 on Thursday, as concerns over Greece’s debt wavered and the Federal Reserve expressed caution about raising interest rates too soon.
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Gold is low. Stocks are high. What are you waiting for?
- February 18, 2015
- Posted by: Orkan Ozkan
- Category: News
After touching $1,300/oz. in late January, gold is back to hovering around its familiar $1,200 resistance level. And as you probably know, the stock market is at all-time highs. So what are you waiting for? SELL STOCKS / BUY GOLD We are currently in one of the longest bull market runs in the U.S. stock market’s
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Gold falls to 1-month low, but investor sentiment improving
Spot gold fell to a one-month low of $1,205.72/oz. in early trading Tuesday, despite a breakdown in talks between Greece and its creditors regarding the country’s debt. Greek officials rejected a proposal set forth by Eurozone finance ministers to request a six-month extension of the country’s international bailout, furthering concerns of Greece exiting the euro (which the media
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This Week in Gold: News, insights, and helpful tips
- February 13, 2015
- Posted by: Orkan Ozkan
- Category: This Week in Gold
This week in gold, the U.K. Royal Mint reported increased demand for gold coins among Greek investors seeking a financial safe haven from the political and economic uncertainty in their country. A Swiss bank CEO said they “keep noticing that gold is coming back into favor with investors,” and the World Gold Council released a report on
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