-
First US Mint Bullion Dealer to Accept Bitcoin for Physical Gold
- December 19, 2013
- Posted by: Orkan Ozkan
- Category: News
No CommentsAmerican Bullion, the leading authority for adding physical gold and silver to individual retirement accounts, announced today that they will accept Bitcoin as a form of payment for individuals looking to purchase physical gold and silver coins or bars. This announcement makes American Bullion the first nationally-listed U.S. Mint dealer to accept Bitcoin. “With its
-
Gold Swings as Investors Wait for the Next Federal Reserve Meeting
- December 14, 2013
- Posted by: Orkan Ozkan
- Category: News
This week saw a dip in gold prices, with a moderate recovery later in the week. It seems like everyone is waiting for the next Federal Open Market Committee meeting to take a steadfast position on what the yellow metal will do. The later part of the week saw news of upbeat U.S. retail sales, which
-
A Very Busy Week for Gold
- December 5, 2013
- Posted by: Orkan Ozkan
- Category: News
There’s a massive amount of economic data being released this week and it seems gold prices are caught in a crossfire. Here’s a look at the headlines of this week and how it relates to the yellow metal. Early This Week: Data released early in the week showed that U.S. manufacturing grew at its fastest
-
IRAs Now More Than One-Fourth of Retirement Market
- November 27, 2013
- Posted by: Orkan Ozkan
- Category: News
Individual retirement accounts now represent more than one-fourth of U.S. total retirement market assets, up from 17 percent 20 years ago, according to the Investment Company Institute. There was $5.7 trillion in IRA assets recorded at the end of the second quarter of 2013. In June, IRA assets were 9 percent of all household financial
-
Gold Price Drops, but Future Still Shining
- November 23, 2013
- Posted by: Orkan Ozkan
- Category: News
This week we saw gold drop from the $1,270 per ounce range to the $1,250 per ounce range. While the price of gold has declined, there are two lights shining at the end of the tunnel for value investors looking to pick up the yellow metal. Economic Data and the Federal Reserve Data showed that
-
What Does Janet Yellen’s Appointment Mean for Gold?
- November 19, 2013
- Posted by: Orkan Ozkan
- Category: News
Ben Bernanke will be stepping down in late January, most likely giving way for Janet Yellen to take his place as Chairperson of the Federal Reserve. Bernanke was known for a rather loose monetary policy, which is seen by an ongoing quantitative easing program that’s still in place. The big question on most investors’ minds
-
Silver Eagle Sales Reach Record Sales Due to Bargain Prices
- November 18, 2013
- Posted by: Orkan Ozkan
- Category: News
Forget silver bells – ’tis the season for Silver Eagles! Silver American Eagle Coins are not only on the rise in terms of demand, but sales have surpassed the annual record, set in 2011. The U.S. Mint announced on Tuesday that Silver American Eagle sales have reached almost 40.2 million ounces, a total that surpasses the
-
What China’s Reforms Could Mean for Gold
- November 8, 2013
- Posted by: Orkan Ozkan
- Category: News
With the Federal Reserve’s decision on whether or not to taper the stimulus program looming over safe haven investments, the recent months have also been back and forth for the yellow metal. A big surge from China however, may provide some help for gold investors. China Plans to Reform Since Chinese president Xi Jinping came
-
Gold Gains as the 16-day Shutdown Comes to an End
- October 18, 2013
- Posted by: Orkan Ozkan
- Category: News
Late Wednesday, Congress approved the Senate deal which brought the government shutdown to an end and extended the borrowing limit until February 7th. This brought gold prices soaring over the $1,300 per ounce mark to settle at $1,323 per ounce. This 3.2% increase was the largest single-day gain in weeks. Here is a look at
-
Gold Price Dips, Great Time to Buy Gold
- October 11, 2013
- Posted by: Orkan Ozkan
- Category: News
Gold has taken a few hits this week due mostly to the activity in Washington DC. Law makers seem to be coming closer to a deal, which has pushed gold prices down. Friday of this week saw a big sell order which may have also sparked a decline in prices. Here is a look at
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!