
Blog
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Germany wants its gold back!
- January 20, 2015
- Posted by: Orkan Ozkan
- Category: News
1 CommentOn January 16, 2013 Germany’s central bank, the Deutsche Bundesbank, announced it would bring its 374 tons of gold reserves stored with the Banque de France in Paris and its 300 tons stored with the U.S. Federal Reserve in New York back to Germany by 2020. By the end of 2013, the Bundesbank had only brought home a
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This Week in Gold: Biggest weekly gain in 18 months
- January 16, 2015
- Posted by: Orkan Ozkan
- Category: This Week in Gold
“Market chaos as Switzerland scraps cap against euro” “Switzerland Ambushes the Global Economy” “Why the World Is Freaking Out About Switzerland Today” “Tiny Switzerland has thrown a big wrench into global financial markets” “THE SWISS FRANC IS OUT OF CONTROL” These are just a few of the headlines from this week regarding the Swiss National
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SNB shocks markets; forecaster says “Gold should be over $2000/oz”
- January 15, 2015
- Posted by: Orkan Ozkan
- Category: Stocks
It’s been a momentous week for gold, and it’s not over yet. Spot gold jumped more than 2% on Thursday, extending gold’s now five-day rally – its longest rally in over six months. The move came after the Swiss National Bank (SNB) abandoned its national currency cap of 1.20 Swiss francs per euro, sending markets into a frenzy.
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Gold hits 12-week high as stock markets, currencies struggle
Gold reached a 12-week high on Tuesday as falling oil prices led to volatility in stock markets and currencies. Spot gold peaked around 4:00am EST at $1,243.60/oz., its highest price since mid-October. The price retreated after European stocks and the U.S. dollar recovered from early lows, but low oil prices have kept it elevated above $1,235/oz. Struggling
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10 Compelling Quotes About Gold
Being one of the oldest and most treasured forms of currency in the world, much has been said about gold. Here are 10 compelling quotes about gold that will help you appreciate the yellow metal and its cultural importance. 1. “Gold is a constant. It’s like the North Star.” –Steve Forbes, Editor-in-Chief of Forbes magazine 2. O
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This Week in Gold: A solid start to the year
- January 9, 2015
- Posted by: Orkan Ozkan
- Category: This Week in Gold
Gold is off to a solid start to 2015, making its first weekly gain in four weeks as concerns over another crisis in Greece boosted safe-haven demand for the yellow metal. “Bond guru” Bill Gross warned that “The time for risk taking has passed,” and the U.S. Mint reported strong sales of its American Gold Eagle coins
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American Gold Eagle coin sales start the year off strong
- January 8, 2015
- Posted by: Orkan Ozkan
- Category: Coins
Just a few days into 2015, the United States Mint has already recorded impressive sales for its American Gold Eagle coins. The Mint sold 42,000 ounces of American Gold Eagle 1-oz. coins in the first few days of January, more than double the 18,000 ounces sold in all of December and almost half the January 2014 total of
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“The good times are over,” says bond guru Bill Gross
- January 7, 2015
- Posted by: Orkan Ozkan
- Category: News
Bill Gross, a well-known American financial manager, author, and “bond guru”, has a warning for investors. “The good times are over,” Gross said in his 2015 Investment Outlook titled “Ides” released Tuesday. He believes investors should “lower their expectations” in 2015. He continued: “Beware the Ides of March, or the Ides of any month in 2015 for that
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Gold in 2015: 4 things you can expect to hear about
- January 6, 2015
- Posted by: Orkan Ozkan
- Category: Gold
If you are a gold investor or are looking to add gold to your portfolio this year, you may be curious about what to watch for in the news and what you can expect to hear about from analysts. There are a few economic and geopolitical themes that gold investors are already paying attention to and will likely continue
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Another Greek crisis? Turmoil in Europe spurs gold demand
- January 5, 2015
- Posted by: Orkan Ozkan
- Category: Government
Thought the worst was over for Greece? Well…perhaps not. Since early 2010 the country has been going through a government debt crisis dubbed the “Greek Depression”, triggered by the United States’ Great Recession and part of the ongoing European debt crisis. Now, Greece is undergoing a political crisis as well and debating its membership in the European

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