-
5 Reasons for Gold’s Recent Fall in Price
- September 15, 2014
- Posted by: Orkan Ozkan
- Category: Gold
No CommentsIt is well-known that gold has an inverse relationship with the economy. When the economy is doing well, gold prices tend to fall, and vice versa. This is why gold is oftentimes used as a “rainy day” investment, meant to serve as a safe haven for when the economy takes a downturn. The state of
-
Seasonal Demand: Why is September Important for Gold?
- September 3, 2014
- Posted by: Orkan Ozkan
- Category: Gold
September has historically been a good month for gold. Why is this? Gold is not a food crop, it doesn’t have seasons…or does it? Gold has strong cultural value as well as monetary use. It was first valued for its luster and aesthetic beauty when it was discovered over 5,000 years ago. This still holds true across
-
Quantitative Easing, Part II: What Does QE Mean for Gold?
- July 17, 2014
- Posted by: Orkan Ozkan
- Category: Gold
On Monday we gave an overview of quantitative easing (QE), explaining what it is, who controls it, and how the American public receives information about it. QE is a program implemented by the Federal Reserve that injects new money into the American economy in hopes of helping it grow. But how does it relate to gold? Quantitative Easing
-
Top Three Reasons Clients Choose American Bullion
- July 9, 2014
- Posted by: Orkan Ozkan
- Category: Gold
American Bullion is a trusted leader in adding physical precious metals to your Individual Retirement Account. We specialize in converting your existing IRA or former 401(k) into gold or other precious metals. We also specialize in providing investors with a wide range of precious metal products delivered safely and securely to their doors. Besides fulfilling the needs
-
Using Gold to Help Avoid Common Retirement Planning Mistakes
- July 7, 2014
- Posted by: Orkan Ozkan
- Category: Gold
There 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
-
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
-
What Do Gold and Oil Prices Have in Common?
- June 23, 2014
- Posted by: Orkan Ozkan
- Category: Gold
Last week we told you that gold went up for a few different reasons: dovish comments from the Fed (“dovish” meaning suggestive of lower interest rates and less inflation concern), the increasing violence in Iraq, and the heightened conflict between Russia and Ukraine. Three things these items have in common are the gold price, inflation, and -
25 Interesting Facts about Gold
Gold is one of the most sought-after and appreciated metals in the world, and has been for thousands of years. It is an element, a store of value, and a thing of beauty. It serves many industrial uses. It can even be eaten! Here are 25 interesting facts about gold. Gold as an Element Gold never
-
What is the Relationship Between Gold and Oil Prices?
- May 20, 2014
- Posted by: Orkan Ozkan
- Category: Gold
We’ve explained to you before the relationship between gold and inflation, but have you ever wondered about the relationship between the gold price and the price of other commodities, such as oil? James Steel, Chief Commodities Analyst at HSBC Bank, spoke with CNBC during its “Commodities Corner” segment about how oil price movement affects gold. To summarize
-
5 Interesting Facts about Gold Smuggling
Smuggling of items usually occurs in attempt to bypass import and export laws and taxes. In India, the world’s largest consumer of gold, this is certainly the case. India loves its gold and often hoards it as a store of wealth. In June of 2013, a higher duty (tax) on gold jewelry was introduced. Over
How can we help you?
Contact American Bullion with any questions about your Gold IRA and investment strategies. Our agents are ready to help get your started!