
401K
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Inevitable Inflation!
- September 16, 2020
- Posted by: Orkan Ozkan
- Category: 401K, Currency, Gold, News, Precious Metal, Silver, Uncategorized
No CommentsPoliticians are successfully delaying the inevitable in an election year, but that doesn’t change the fact that another stimulus bill will be necessary and soon, just in order to keep many Americans out of growing food lines, unemployment lines, and shelter camps. U.S. Treasury Secretary Steve Mnunchin, who’s been MIA from public view for at
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“Pressured” Postal Worker Stored Mail Instead of Delivering!
- February 3, 2020
- Posted by: Orkan Ozkan
- Category: 401K, Coins, Gold, News, Retirement, Silver, Uncategorized
It was reported this week that a United States postal worker was caught with a public storage unit full of mail that he never delivered. Jason Delacruz pleaded guilty in August of 2019, to charges of delaying mail delivery to residents in Chesapeake, Virginia. He is scheduled to be sentenced on February 12, 2020. When
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Cash Crash Will Make Gold King!
- January 14, 2020
- Posted by: Orkan Ozkan
- Category: 401K, Buy Gold, Currency, Gold, Gold Investing, Gold IRA, Investment, News, Silver, Uncategorized
History clearly shows that gold shines brightly when currencies fail. Peter Schiff, CEO of Euro Pacific Capital, is suggesting investors don’t fall for today’s fake news of “Dollar Strength.” And because the dollar is the premier global reserve currency, investors all around the world are quickly turning to gold for security, safety, and long term
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World Bank Sounds Global Debt Crisis Alarm
- January 10, 2020
- Posted by: Orkan Ozkan
- Category: 401K, Buy Gold, Government, News, Precious Metal, Silver, Uncategorized
In its recently released, biannual, Global Economic Prospects (GEP) report, the World Bank issued a warning that the current debt wave (the 4th in the past 50 years) is the largest, fastest-growing and most broad-based. It shows that in 2018, the total debt in “Emerging Markets and Developing Economies” rose to almost 170% of GDP.
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What If My Pension Becomes Frozen?
- October 7, 2019
- Posted by: Orkan Ozkan
- Category: 401K, Buy Gold, Gold Investing, Gold IRA, IRA, Precious Metal, Retirement, Silver, Uncategorized
Pensions were once the Holy Grail of secure retirement plans, but they have become far less reliable over time. Sadly, in order to maintain the pension, participating employees had to give up pay raises for many years, in many cases. That’s money that will never be recouped. In an announcement today, General Electric (GE) became
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What’s the Average American’s 401(k) Worth?
- June 24, 2019
- Posted by: Orkan Ozkan
- Category: 401K, Buy Gold, Gold, Gold IRA, IRA, Learn, Silver, Uncategorized
Fidelity is America’s largest retirement plan provider, so the following numbers have been gleaned from their reports. For example, as of the first quarter of 2019, American workers between 40 and 49 years old are shown to be contributing 8.5% of their paychecks to their company sponsored 401(k) plans, with an average balance of $102,700.
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401Ks And IRAs: Whats The Difference?
- October 6, 2017
- Posted by: Orkan Ozkan
- Category: 401K, Gold IRA, IRA, Learn, Precious Metal, Silver, Uncategorized
You probably hear a lot of talk about 401(k)s, IRAs and other retirement accounts, but what are the advantages and disadvantages of the two big options – the 401(k) and the IRA? Investing for retirement is one of the smartest decisions you can make in life, and doing so with a clear vision for the
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Labor Day Ushers In Potential For A Wicked Economic Winter
- September 5, 2017
- Posted by: Orkan Ozkan
- Category: 401K, Gold, Gold Investing, Gold IRA, Government, Investment, News, Press & Media, Silver, Uncategorized
As the dog days of summer begin to wind down, consternation begins to set in with the harsh potential reality of a nuclear winter and an early and wicked economic winter. As a short business week gets under way, it’s plain to see that the U.S. economy is in for a beating: North Korea has
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Who Are the Major Producers and Consumers of Silver?
- May 30, 2017
- Posted by: Orkan Ozkan
- Category: 401K, Bars, Buy Silver, Coins, Retirement, Silver, Uncategorized
Silver, the “white metal,” is highly sought after by investors and industrialists alike. Producers of electronics and medical supplies appreciate silver for its atomic properties. Collectors and jewelers cherish silver’s unmatched shine and malleability. Numismatists and investors each collect silver coins and bars. As with all precious metals, silver supply is fixed and comes to
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What Is The Federal Reserve?
- May 8, 2017
- Posted by: Orkan Ozkan
- Category: 401K, Gold, Learn, Uncategorized
The central bank of the United States is the Federal Reserve System, or the “Fed.” Superficially, the Fed acts as the reserve holder and supplier of the private sector’s commercial banking system, which means that it takes in commercial banking deposits and coordinates loans between commercial banks. In practice, the Fed dictates banking policies, drives
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