-
What is the Relationship Between Gold and Oil Prices?
- May 20, 2014
- Posted by: Orkan Ozkan
- Category: Gold
No CommentsWe’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
-
What If These 9 Celebrities Had Purchased Gold?
- May 9, 2014
- Posted by: Orkan Ozkan
- Category: Gold
Let’s have some fun. Imagine that the following celebrities bought $10,000 worth of gold the year they were born. If they had kept the gold until today, 20, 60, even 116 years later, what would it be worth in U.S. dollars now?* How much more money would Oprah, Justin Bieber, and Bob Barker have? The
-
What Makes Gold a Unique Investment?
- April 2, 2014
- Posted by: Orkan Ozkan
- Category: Gold
Gold is an intriguing commodity. Its price has an inverse relationship with how the economy is doing, and it can be a collectible as well as an investment. But what makes gold unique? As Forbes contributor Keith Weiner puts it, “Nearly every ounce of gold ever mined is still in human possession. Think about that for
-
20 Conferences Every Gold Investor Should Attend in 2014
- April 1, 2014
- Posted by: Orkan Ozkan
- Category: Gold
Investing in gold offers diversification of your portfolio, protection of your assets, and potential for profit. There are many options when it comes to investing in gold and it is important to stay informed. Precious metal conferences are great opportunities to network with leaders in the industry, learn about the latest investment options, and hear
-
The Great California Gold Rush of 1849
- April 1, 2014
- Posted by: Orkan Ozkan
- Category: Gold
There are many important events in the history of the United States. Events such as signing the Declaration of Independence, the Civil War and Prohibition are just a few of the important events that have shaped the way that the country has developed. These are events that have impacted the growth and the geography of
-
The Bull Market: How Trends Impact Gold Values
- March 19, 2014
- Posted by: Orkan Ozkan
- Category: Gold
Deciding on the best time to invest is a dilemma that causes many first-time and seasoned investors to struggle with. Understanding how the markets work is your best bet for generating a return on your investment. Definition of Bull and Bear Markets A bull market is defined as a point in time when there is
-
Gold Mining Stocks vs. Physical Gold
After going down to its lowest prices in almost three decades, gold is off to a solid start in 2014. With gold ending a second straight month on a 10-plus percent rise, many believe the bears have gone into hibernation. Along with this renewed interest for the yellow metal, gold mining stocks have also started
-
Federal Reserve Tapering Bodes Well for Gold
- February 2, 2014
- Posted by: Orkan Ozkan
- Category: Gold
Gold and the Federal Reserve have a love-hate relationship. Gold investors typically smile when the Fed continues printing money and charges full steam ahead with its aggressive economic stimulus program. The opposite is true when there are signs that quantitative easing is slowing down, the unemployment report is positive or there is fear that the
-
Gold Continues to Perform
- January 24, 2014
- Posted by: Orkan Ozkan
- Category: Gold
Friday marked gold’s highest point in two months. Gold is up over $50 per ounce since the beginning of the year and continues to show promise. Many factors have come into play this week to reach these new highs. Here is a closer look at some of the highlights this week. Gold and the Dollar
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!