Blog
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Bloomberg: Gold Bulls Lured Back for First Time in Two Months
- October 20, 2014
- Posted by: Orkan Ozkan
- Category: News
No CommentsBloomberg reports that speculators are turning bullish on gold for the first time in nine weeks as concerns over global economic growth and the recent downturn in equities are pushing more investors towards gold. Global shares lost a staggering $3.2 trillion in value this month as the International Monetary Fund (IMF) cut its outlook for global growth
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This Week in Gold: Market shake-ups
- October 17, 2014
- Posted by: Orkan Ozkan
- Category: This Week in Gold
This week in gold, concerns over factors such as global economic growth, corporate earnings, and the Ebola virus shook up the markets, as gold rallied to a 1-month high and the stock market experienced one of its worst-performing days since 2011. We also explained to you the anatomy of U.S. coinage – useful knowledge for anyone who owns or is
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Gold reaches 1-month high as stocks continue decline
- October 15, 2014
- Posted by: Orkan Ozkan
- Category: News
Gold for December delivery rose 0.7% to $1,243 an ounce by 11:29 a.m. EST on the Comex, the third straight gain and the longest rally for gold since August 14. Meanwhile, the stock market has largely erased its 2014 gains amidst investor concerns over global economic growth, corporate earnings, and the Ebola virus. The Dow, S&P,
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Anatomy of a Coin: 8 Terms to Know
- October 14, 2014
- Posted by: Orkan Ozkan
- Category: Coins
Ever looked closely at a coin and wondered what certain parts of it are called, and why? Generally there are eight basic components of all United States coinage. Knowing the names of the components and their meanings is useful to any precious metal coin investor when communicating with buyers, sellers, or other coin collectors. It will also
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Gold reaches near 4-week high on lower dollar, Fed uncertainty
- October 13, 2014
- Posted by: Orkan Ozkan
- Category: News
Gold rose on Monday, with the spot price hitting a near four-week high of $1,237.30 an ounce, amid a drop in the dollar and uncertainty over when the Federal Reserve might raise interest rates. The previous week gold posted a 2.7% gain, its largest weekly gain in four months. The minutes from the Federal Reserve’s mid-September meeting were
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This Week in Gold: Fed meeting, analyst opinions, and more
- October 10, 2014
- Posted by: Orkan Ozkan
- Category: This Week in Gold
This week in gold, we shared with you some interesting opinions on gold and silver from various analysts, including thoughts from former Federal Reserve Chairman Alan Greenspan. We also covered the official minutes from the Fed’s mid-September meeting and their effect on the markets. Former Fed Chairman Alan Greenspan Talks Gold Alan Greenspan, who served as Chairman
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American Bullion featured in American Hard Assets magazine
- October 10, 2014
- Posted by: Orkan Ozkan
- Category: News
American Bullion is proud to have been featured in the latest issue of American Hard Assets magazine with an informational article on precious metal IRAs. The article, titled Safeguarding Your Retirement With a Precious Metals IRA, contains information on the history, process, requirements, and benefits of opening a precious metals IRA (commonly referred to as
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What have analysts been saying about gold and silver?
- October 9, 2014
- Posted by: Orkan Ozkan
- Category: Gold
You’ve probably heard that gold and silver have hit lows recently, but what do analysts have to say about this? Below is a recap of three recent articles containing valuable insight. Gold: Time to Prepare for Big Gains? At the recently held Casey Research Fall Summit, positive outlooks on gold were abound among attendees. David Tice, founder
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Gold gets boost after Fed shows concern over dollar, economic growth
Gold prices received a boost of about 1% on Wednesday as minutes from the Federal Reserve’s mid-September meeting were released. The minutes showed concern from the central bank about the strengthening dollar and weak economic growth in Europe and Asia. The Wall Street Journal explains: Officials worried at the Sept. 16-17 policy meeting that a burgeoning U.S.
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Former Fed Chairman Alan Greenspan Talks Gold
- October 7, 2014
- Posted by: Orkan Ozkan
- Category: Gold
In an essay featured in Foreign Affairs titled “Golden Rule: Why Beijing Is Buying”, former Federal Reserve Chairman Alan Greenspan praises the various properties and benefits of physical gold, claiming “gold has special properties that no other currency, with the possible exception of silver, can claim.” He makes some other compelling statements, such as: “For more than two millennia,
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