Blog
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Using Gold to Help Avoid Common Retirement Planning Mistakes
- July 7, 2014
- Posted by: Orkan Ozkan
- Category: Gold
No CommentsThere are many different variables that can threaten your retirement funds, and it is imperative to take these variables into consideration as much as possible when planning your retirement. U.S. News & World Report published an article by Kelly Campbell listing five common mistakes people make in their retirement planning which points out such variables as interest
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This Week in Gold; Latest Economic News
- July 3, 2014
- Posted by: Orkan Ozkan
- Category: This Week in Gold
This week in gold, a week cut short by the 4th of July holiday tomorrow, we saw some precious metals rally and learned the basics of coin grading and mint states. We sought to explain why this happened and gave analysts’ opinions. Today, markets are reacting to economic news on employment and interest rates. Fed chairwoman Janet
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Platinum and Palladium Rallying on Supply Shortage
- July 2, 2014
- Posted by: Orkan Ozkan
- Category: News
If you thought gold’s 10-week high yesterday was impressive, try a 10-month high. That is what platinum has reached in early trading today, July 2, while gold is approaching its highest price in three months. At one point this morning platinum reached $1,523 an ounce, its highest price since September 4, 2013. Palladium for September
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The Basics of Coin Grading and Mint States
- July 2, 2014
- Posted by: Orkan Ozkan
- Category: Coins
Before you consider buying precious metal coins such as Saint Gaudens Double Eagles (similar design to today’s American Eagle coins), Liberty coins, Morgan dollars, etc… it’s useful to know the basics of coin grading. Coin grading is a process that determines the physical condition, quality, rarity, interest factor, and liquidity of a coin. It’s done by
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Gold Rallies to 10-Week High, Largest Monthly Gain Since February
- June 30, 2014
- Posted by: Orkan Ozkan
- Category: News
Gold ended the trading day at $1,322 an ounce on the Comex division of the New York Stock Exchange on Monday, a 10-week high, 6.1% gain for the month of June, and 3% gain for Q2. This is gold’s largest monthly gain since February. Kitco points out that technical buying, bargain buying, and the U.S. dollar
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American Bullion Donates Food to Ventura County Rescue Mission
- June 30, 2014
- Posted by: Orkan Ozkan
- Category: Press & Media
LOS ANGELES, June 30, 2014 /PRNewswire/ American Bullion, Inc. donated over 7,500 lbs. of food, expected to feed over 700 people, to the Ventura County Rescue Mission. “It is because of organizations like American Bullion that Ventura County Rescue Mission is able to help the poor and less fortunate in our community,” stated Suzanne West, VCRM’s Community Relations
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This Week in Gold: Undervalued Metals, Platinum Strike Over, Liquidity
- June 27, 2014
- Posted by: Orkan Ozkan
- Category: This Week in Gold
This week in gold we saw many charts demonstrating different properties and phenomena of precious metals, and witnessed the South African platinum mine strike end after five long months. The Triangle of Gold, Oil, and Inflation Gold and oil prices have been in the news a lot lately as both are on the rise. Inflation has
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Silver: Another Undervalued Precious Metal?
- June 26, 2014
- Posted by: Orkan Ozkan
- Category: Silver
Earlier this week we posed the question of whether gold is currently undervalued. No one can know for certain, but some of the data and charts floating around may suggest so. Now, an author for Seeking Alpha is posing the same question for what is often considered gold’s less-attractive cousin: silver. The author titles the article “5 Reasons
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Another Reason to Consider Gold: Liquidity
- June 25, 2014
- Posted by: Orkan Ozkan
- Category: Gold
The World Gold Council’s latest edition of Gold Investor highlights one of gold’s many attractive aspects: its liquidity. Liquidity refers to “How easy it is to buy or sell a specific product or type of metal.” For example, a one-ounce American Gold Eagle coin is very liquid due to a very active, reliable, ready population of
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The South African Platinum Mine Strike is Finally Over
- June 24, 2014
- Posted by: Orkan Ozkan
- Category: News
“The crowd cheered and blew horns, in what at times seemed more like a soccer game than a labor rally,” the Wall Street Journal described in its report on the end of the South African platinum mine strike. On Monday, the country’s major platinum mining union, the Association of Mineworkers and Construction Union (AMCU), agreed
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