
Blog
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Outflow of Gold ETFs
- May 16, 2013
- Posted by: Orkan Ozkan
- Category: Gold
No CommentsGold 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 Takes Overnight Dip, Platinum and Palladium Outperform
- May 15, 2013
- Posted by: Orkan Ozkan
- Category: News
Physical demand for gold was slowing down throughout the Asia Pacific region this week and precious metals prices became vulnerable to another downside move which took place overnight. As a quiet trading day in Asia was coming to a close, gold came under pressure, and when it failed to hold $1,420.00, sell stops were triggered
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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 as Legal Tender, Increased Chinese Demand, and Automatic IRAs
- May 2, 2013
- Posted by: Orkan Ozkan
- Category: News
The latter half of April was undoubtedly a historical two weeks for gold. As the start of May approaches there have been a few interesting stories come to light around the topic of precious metals. Here is quick overview of what happened this week in Gold. Arizona Pushes to Make Gold Legal Tender The Republican-led
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U.S. Mint Sales of Gold Coins Jump to Highest in Three Years
- May 1, 2013
- Posted by: Orkan Ozkan
- Category: News
American Bullion was recently featured in a Bloomberg article focused on the recent jump in U.S. Mint Gold coin sales. The story highlights the fact that gold coins by the U.S. Mint rose to the highest since December 2009 after the price of the metal in April fell the most in 16 months. April sales totaled
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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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U.S. Mint Suspends 1/10-oz. Gold Eagle Coins after Gold Sales Increase
- April 23, 2013
- Posted by: Orkan Ozkan
- Category: News
Today, Reuters reported that the U.S. Mint has temporarily suspended sales of its one-tenth ounce American Eagle gold bullion coins after surging demand ran down government inventories. “While the one ounce gold bullion coins remain the most popular, demand for the one-tenth ounce coins has remained strong with year-to-date demand for these coins up over
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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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4 Painful IRA Mistakes to Avoid
- March 26, 2013
- Posted by: Orkan Ozkan
- Category: IRA
As tax season nears its end, it’s time to make sure everything is in order before April 15th. The following are a few pitfalls to avoid with your Individual Retirement Account. 1. Exceeding the IRA Contribution Limit For 2012 the maximum contribution to your IRA is $6,000 (depending on your age). If you exceed this

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