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Gold, GDP, and the Economic Stimulus
- May 30, 2013
- Posted by: Orkan Ozkan
- Category: Gold
No CommentsFor the first part of the week gold had trouble breaking past the $1400.00 per ounce mark. Today, gold has had no trouble staying above this barrier. Recent GDP data released as well as buzz around U.S. economic stimulus may be to thank for this recent jump. GDP and Unemployment Assistance According to the Department
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What is the Cost of Mining Gold?
- May 23, 2013
- Posted by: Orkan Ozkan
- Category: Gold
Ever wondered about the cost of mining gold? With over 1 billion oz of gold in the world’s deposits coming directly from the top 50 mines, this infographic gives you an analysis of the world’s top producing mines in terms of economic feasibility, cost structure, gold reserves worldwide, scarcity and the next big projects for
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The Great Gold Rout Infographic
- May 17, 2013
- Posted by: Orkan Ozkan
- Category: Gold
After a decade long rally, gold recorded its biggest two-day drop in 30 years during April. Is this the end of the bull market? What caused this sudden decline? Is the gold cycle over? The following infographic by Saxo Capital Markets sheds light on a technical break below the support level, reduced ETP holdings and
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Outflow of Gold ETFs
- May 16, 2013
- Posted by: Orkan Ozkan
- Category: Gold
Gold has been on an interesting ride the past few weeks. After a large slip it seemed gold had found a base of about $1460.00 per ounce. This week saw another slide in prices. Many experts are blaming Gold ETF’s (Electronic-traded funds) for this downturn. Outflow of Gold ETFs In the past few weeks, investors
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Gold Demand: Physical vs. ETF
- May 16, 2013
- Posted by: Orkan Ozkan
- Category: Gold
The World Gold Council recently released a report stating the following key findings: • Total demand in China totaled 294t in the first quarter, a rise of 20% on the same quarter last year, as the economy continued to pick up from the downturn experienced in the second half of 2012. Bar and coin investment
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Gold Futures and Physical Demand
- May 10, 2013
- Posted by: Orkan Ozkan
- Category: Gold
While gold posted two consecutive weeks of gains since the recent drop, it has still struggled to surpass its 10-day moving average. Here is a look at a few of the stories surrounding gold and silver this week. Brighter Outlook for Gold Futures Gold exchange-traded products have seen tremendous outflows in the past two weeks, but
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Gold vs. Bitcoin
- April 26, 2013
- Posted by: Orkan Ozkan
- Category: Gold
Over the past year, Bitcoins have been generating buzz as a new alternative to currency. Bitcoins have gone from as low as $5.00 up to more than $1,100.00. A few individuals have asked about Bitcoins as an alternative to gold, so we wanted to discuss several aspects you should consider when comparing Bitcoins with Gold. What
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The Complete History of Gold
- April 20, 2013
- Posted by: Orkan Ozkan
- Category: Gold
Ancient Origins The earliest gold references date back to around 4000 B.C. where Egyptian hieroglyphics described gold as being as prevalent as sand. Egyptians were also the first civilization known to smelt gold and utilize the lost-wax technique still used today in jewelry making. The Egyptians And King Tut One of the most iconic and
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2 Big Reasons to Buy Gold in 2013 Before It’s Too Late
- January 11, 2013
- Posted by: Orkan Ozkan
- Category: Gold
Gold has posted gains for the past 12 years and every indication this trend will continue in 2013 is there. Although there are many reasons gold is on the right track for another positive year, we will examine two reasons for this below – one new and one ongoing. The LBMA Survey The London Bullion
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Gold in 2013 – What You Can Expect
- January 5, 2013
- Posted by: Orkan Ozkan
- Category: Gold
Has the fiscal cliff crisis been averted? Or are we only placing a temporary band-aid on an already gushing wound? Time will tell as we move into this new year, and if you are a savvy investor you should certainly keep your eyes glued to gold in 2013. Printing Money The Federal Reserve is still
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