
News
-
The Market, Economy, and Election
- September 25, 2020
- Posted by: Orkan Ozkan
- Category: Gold, Gold IRA, News, Silver, Stocks, Uncategorized
No CommentsAmerica seems to be enamored with the stock market these days, frequently treating it as a barometer of the nation’s economy. With an election upcoming, it has become quite a focal point. However, with the exception of a major March dip, it seems to have been at or within striking distance of a new high
-
Inevitable Inflation!
- September 16, 2020
- Posted by: Orkan Ozkan
- Category: 401K, Currency, Gold, News, Precious Metal, Silver, Uncategorized
Politicians 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
-
Supporters of $3,000 Gold Continue To Grow!
- August 19, 2020
- Posted by: Orkan Ozkan
- Category: Buy Gold, Gold, Gold Investing, Gold IRA, IRA, News, Silver, Uncategorized
Famed investor and Galaxy Digital CEO/Co-Founder, Michael Novogratz has joined the growing fray of officials anticipating a bull run for gold beyond $3,000 by the end of the year. Having breached the 2,000/oz. barrier and achieved a new high last week, it has since settled back to consolidate, just under that level. Novogratz went on
-
Gold Shatters the $2,000/oz. Ceiling!
- August 7, 2020
- Posted by: Orkan Ozkan
- Category: Buy Gold, Gold, Gold IRA, Gold Price, News, Precious Metal, Silver, Uncategorized
Gold is over its $2,000 an ounce physiological trading barrier, while, the U.S. dollar and other global fiat currencies continued to decline. Undoubtedly, the global governmental response to print more fiat currency, in light of the economic calamity inflicted by the coronavirus pandemic, has ignited global inflation. Just a year ago, gold managed to break
-
Corporate Price/Profit Disconnect Sets Record!
- June 29, 2020
- Posted by: Orkan Ozkan
- Category: Buy Gold, Buy Silver, Gold Investing, News, Precious Metal, Silver, Uncategorized
As the disparity between stock prices and fundamentals set another record, investors are finally finding it impossible to ignore. Based on the annualized rate of decline in the second-quarter GDP, investing legend Jeremy Grantham points out that we now find ourselves in the top 1% of stock market valuations, but the bottom 1% of economic
-
No Denying: The Dollar is Doomed!
- June 18, 2020
- Posted by: Orkan Ozkan
- Category: Buy Gold, Gold IRA, News, Precious Metal, Silver, Uncategorized
On CNBC’s “Trading Nation” yesterday, Stephen Roach, a Yale University senior fellow and former Morgan Stanley Asia chairman pointed out what should be common investor knowledge, like every fiat currency on the planet, the dollar is doomed, but in the short term, it’s in for a steep decline in value. Roach suggests it could be
-
Volatile Stock Market Awakens Gold Investors!
- June 11, 2020
- Posted by: Orkan Ozkan
- Category: Buy Gold, Gold, Investment, News, Precious Metal, Silver, Stocks, Uncategorized
With gold still more than 10% below its all-time high, many investors are scrambling into greater positions within the precious metals market. Today’s nearly 7% DJIA one-day decline is forcing investors to realize that there really is no valid reason for the stock market to resume any type of sustained bullish rally. COVID-19 isn’t being
-
The Global Debt Is Out of Control!
- June 10, 2020
- Posted by: Orkan Ozkan
- Category: Buy Gold, Buy Silver, Gold, Government, News, Precious Metal, Silver, Uncategorized
After taking an early lead in the Democratic primaries, Bernie Sanders, Elizabeth Warren, and their “socialist” plans for America ran aground. All the talk of free college, college debt forgiveness, and Medicare-for-All quickly became a distant memory for most Americans. Nevertheless, the coronavirus pandemic caused Congress and the Fed to crank up the printing presses
-
Are Investors Running Into a Burning Building?
- May 12, 2020
- Posted by: Orkan Ozkan
- Category: Buy Gold, Gold, Investment, News, Retirement, Silver, Uncategorized
A USA Today report shows that the vast majority of Americans are still spending more than 80% of their time at home. At a time when the new case numbers of coronavirus have begun to plateau, some states and areas are nevertheless choosing to roll the dice and “open up the economy.” Regardless of the
-
The Fed Can’t Print Gold!
- April 27, 2020
- Posted by: Orkan Ozkan
- Category: Bullion, Buy Gold, Buy Silver, Gold Investing, Gold IRA, News, Silver
In a report titled, “The Fed Can’t Print Gold,” analysts at Bank of America raised their 18-month gold price target from $2,000 per ounce to $3,000 per ounce, as fallout from the COVID-19 coronavirus recession continues to take hold. “As economic output contracts sharply, fiscal outlays surge, and central bank balance sheets double, fiat currencies
Contact American Bullion with any questions about your Gold IRA and investment strategies. Our agents are ready to help get your started!