
Blog
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Fed News Brings Drop in Commodities, Gold, Silver
- September 22, 2011
- Posted by: Orkan Ozkan
- Category: News
No CommentsLos Angeles, CA – The price of gold dropped this week after the Fed’s announcement and the continued turbulence in the Eurozone. On Wednesday, Federal Reserve chairman Ben Bernanke announced “Operation Twist” – a plan for the Fed to sell $400 billion in shorter-term securities to buy longer-term holdings in effort to boost the weak U.S. economy. The Fed’s
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Unemployment, Job Growth Report Causes Gold to Rally
- September 2, 2011
- Posted by: Orkan Ozkan
- Category: News
Los Angeles, CA – The arrival of the Labor Day weekend was met with the bemoaning for the lack of labor; a government report released on Friday stated the unemployment rate remained at a high rate of 9.1%, causing a ripple effect in the economy and stock market. The gloomy unemployment news caused investor jitters
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Unique Buying Opportunity in Pull Back of Gold
- August 29, 2011
- Posted by: Orkan Ozkan
- Category: News
Los Angeles, CA – A dramatic week of ups and downs in the market placed the value of Gold just above $1800 on Friday, an expected pull back/correction after a 13-week run of consecutive gains. The precious metal reached an all time high last week, pushing past $1900 over continued concerns of stagnation in the recovery of the
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Converting from Traditional to Gold Roth IRAs
- August 16, 2011
- Posted by: Orkan Ozkan
- Category: Gold IRA
The familiar Traditional and Roth IRAs containing paper assets have been declining in value because they are subject to the worth of the U.S. dollar. Today’s investors are discovering that gold-backed IRAs have been steadily increasing in value and therefore provide far better safety and appreciation for their holders. Here’s why: When investors design their
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American Bullion @ Iowa State Fair 2011!
- August 12, 2011
- Posted by: Orkan Ozkan
- Category: Press & Media
Des Moines, Iowa – American Bullion was in attendance for the first day of the Iowa State Fair, one of the largest fairs in the United States. Come by and register to win free gold and silver pieces! The American Bullion booth is located inside the historic WHO Radio Crystal Studios and will be on location throughout the
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NBC4 Features American Bullion on the Rush for Gold
- August 9, 2011
- Posted by: Orkan Ozkan
- Category: Press & Media
NBC4 Southern California recently featured American Bullion as the industry expert on their segment “Tumbling Stocks Trigger Rush for Gold”. The video discusses how as stocks tumble around the world, investors have their eyes on gold.
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Stocks Plummet, Gold Springs past $1700
- August 9, 2011
- Posted by: Orkan Ozkan
- Category: News
Los Angeles, CA – Standard and Poor’s, the world’s largest credit agency, announced last Friday the downgrade of the U.S. credit rating from it’s AAA rating to AA+, causing market turmoil. The Dow Jones Industrial Average closed more than 630 points down on Monday, the worst single day loss since December of 2008. In addition, the motion
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The New Recession? Gold Soars on QE3 talks, Inflation
- August 4, 2011
- Posted by: Orkan Ozkan
- Category: News
Los Angeles, CA – Despite an 11th hour decision on Tuesday to raise the U.S. debt ceiling to avert a default, many believe the lackluster results of this decision on the economy may result in another recession. Wednesday the stock market was down sharply, causing economists and financial analyst to speculate that possible solutions to
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Gold Surges on U.S. Debt Deadline, Credit Downgrade Talks
- July 27, 2011
- Posted by: Orkan Ozkan
- Category: News
Los Angeles, CA – With U.S. politicians at a stalemate over the 14.3 trillion dollar deficit just days before the debt default deadline, economists and financial analysts alike are predicting a downgrade of the United States’ credit rating. President Obama made comment that U.S. lawmakers’ indecision to raise the debt ceiling is a “dangerous game”
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2011 Price of Gold Rises to Record Level
- July 19, 2011
- Posted by: Orkan Ozkan
- Category: News
Los Angeles, CA – The spot price of gold reached a record high this week, closing at $1607.90 an ounce on Monday. Up 13% from the beginning of the year, gold is headed for its 11th straight annual gain – nearly doubling in price since the global economic recession in 2008. This rise in value

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