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The New Recession? Gold Soars on QE3 talks, Inflation
- August 4, 2011
- Posted by: Orkan Ozkan
- Category: News
No CommentsLos 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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Register to Win Free Gold @ Iowa State Fair 2011!
- July 12, 2011
- Posted by: Orkan Ozkan
- Category: News
Los Angeles, CA – For the 3rd consecutive year, American Bullion Inc. will be in attendance at the Iowa state fair August 11th – 21st, 2011. American Bullion will have a booth set up with a wealth of information on precious metal IRA services, available inside the iconic WHO Radio Crystal Studios. Gold sales agents will be
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Gold Value Jumps after 2011 Unemployment Report & Debt Woes
- July 11, 2011
- Posted by: Orkan Ozkan
- Category: News
Los Angeles, CA – A disappointing unemployment report and continued non-productive debt talks amongst congressional parties have caused US stock markets to plummet in the opening days of the new US fiscal year. On July 7th, the US Bureau of Labor reported that unemployment rose to 9.2% in the month of June with only 18,000
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Dip in Market Prices Means a Buying Advantage
- June 30, 2011
- Posted by: Orkan Ozkan
- Category: News
Los Angeles, CA—As with any commodity, gold, platinum, and silver are subject to short-term fluctuations in their market prices. In the past three weeks, there has been a significant price dip in gold, silver, and platinum. This sharp short-term decline represents an unusual buying opportunity for investors who wish to add a percentage of gold
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Personal Finance 2011 – Is Gold a Good Investment?
- June 22, 2011
- Posted by: Orkan Ozkan
- Category: News
Los Angeles, CA – As the market closes on the first day of summer, the value of gold closed well over $1500 – a sign of the times that Americans desire for the shiny precious metal has increasingly risen since the end of the past decade. But along with this frenzy toward investing in gold
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Gold, Silver, and Platinum Attracting Smart Investors
- June 22, 2011
- Posted by: Orkan Ozkan
- Category: News
The prices of gold and other precious metals are affected mostly by global supply and demand. In the past year or two, supply has been declining while demand has been steadily increasing, especially from buyers in India and China. The result has been a steady upward trend in the market price for gold despite short-term
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Gold Price Predictions
- June 6, 2011
- Posted by: Orkan Ozkan
- Category: News
Gold prices are primarily affected by global supply and demand. Since 2011 began, supply has been declining while demand has been on the rise. The result has been a steady upward trend in the market price for gold with only a few short-term price dips. Today, the price of gold has been hovering around $1,542.40/ounce.
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Gold Bullion Demand Up 11 Percent in Q1
- May 23, 2011
- Posted by: Orkan Ozkan
- Category: News
May 23, 2011, Los Angeles – Gold bullion prices rallied 1.16 percent or $17.30 to finish the week at $1,511.80 an ounce as the U.S. reached its $14.3 trillion federal spending limit last Monday with Congress no closer to an agreement on raising the borrowing cap. The price of silver lost 0.88 percent or $0.31
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