
gold
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Home Storage Gold IRA: Fact or Fiction
- September 7, 2016
- Posted by: Orkan Ozkan
- Category: 401K, Coins, Gold, Government, Investment, IRA, Learn, Retirement
No CommentsMany ads can be found listing the plentiful benefits of a home storage gold IRA and what benefit’s not to like? Unfortunately, those same ads don’t take the time to educate viewers to the requirements that accompany the opportunity. We warned our readers about the dangers and pitfalls of this trend a month ago, but
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Top 10 Mistakes People Make When Handling a 401(k) and Choosing a Retirement Plan
- September 2, 2016
- Posted by: Orkan Ozkan
- Category: 401K, Gold, Investment, IRA, Retirement
As you entertain the notion of saving for retirement, one of the options that possibly comes to mind is a 401(k) plan. Granted, a 401(k) plan comes with attractive benefits such as tax-deferred earnings, a variety of investment options, and convenience. However, before you hastily choose a retirement plan, desperate to begin saving early for
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A Russian coin dealer’s lessons on gold ownership
- January 28, 2015
- Posted by: Orkan Ozkan
- Category: Coins, Currency, Featured, Gold, Learn
What can the recent crash of the Russian ruble teach us about gold ownership? Dmitriy Balkovskiy, a Russian coin dealer in Moscow, has some insight. On December 16, 2014, a day deemed the “Russian Black Tuesday”, the ruble dropped from 58 to 72 per U.S. dollar. In an article for Casey Research, Balkovskiy recalls some incidents he witnessed that
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Gold’s significance to the Christmas holiday
- December 25, 2014
- Posted by: Orkan Ozkan
- Category: Featured, Gold, Learn
American Bullion wishes a very Merry Christmas to those who celebrate! How is gold significant to Christmas? Read below for some examples. Red, green, and gold are considered to be the three colors of Christmas. Gold became significant to Christmas after the birth of Jesus Christ. Legend has it that Melchior, an Arabian king and one of
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CNBC: Could Russia back its currency with gold?
- December 23, 2014
- Posted by: Orkan Ozkan
- Category: Currency, Featured, Gold, Government, News
It’s no secret that Russia has been purchasing a lot of gold lately. Between July and September 2014, central banks throughout the world added a total of 92.8 tons of gold to their reserves, with Russia accounting for 59% of net purchases made during that time period. It has now surpassed China in the amount of gold held
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The US now has $18 trillion in debt. Just how much is 18 trillion?
- December 22, 2014
- Posted by: Orkan Ozkan
- Category: Currency, Featured, Government, Learn, News
The United States national debt has reached 18 trillion dollars. Just how large is this number? It can be difficult to visualize such a huge number without putting it into perspective. Here are five examples to help you do so. 1. 18 trillion seconds is equal to 5 billion hours, or 570,398 years. To put that even
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Could the North Korean cyberattack on Sony drive demand for gold?
- December 19, 2014
- Posted by: Orkan Ozkan
- Category: Featured, Gold, Government, News
On November 24, a hacker group calling themselves “Guardians of Peace” obtained and released emails, salary details, copies of unreleased films, and other information from Sony Pictures Entertainment. On December 16, the hackers threatened to attack anyone who sees The Interview, an upcoming Sony comedy film that mocks North Korea and its leader Kim Jong-un, and told
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CNN: How central banks and consumers still rely on gold
- December 3, 2014
- Posted by: Orkan Ozkan
- Category: Gold, Government, News
In a CNN article titled “Good old-fashioned gold: how consumers and banks still rely on it“, authors Katie Pisa and Tracey Hobbs discuss the robust attraction to gold as a safe-haven asset that has held for thousands of years. Gold “has provided a tradable commodity which investors have turned to in uncertain times. It’s a safe haven,
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5 reasons to be thankful for precious metals
- November 27, 2014
- Posted by: Orkan Ozkan
- Category: Featured, Gold, Learn, Palladium, Platinum, Silver
While you’re enjoying the Thanksgiving meal with loved ones this year, probably one of the last things on your mind will be your finances. However, that is actually one of the most important benefits of owning precious metals – the protection they offer can help you achieve peace of mind about your long-term financial security.
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Mining analyst: “Gold will rebound, it always has and always will.”
- November 17, 2014
- Posted by: Orkan Ozkan
- Category: Gold
The Gold Report recently conducted an interview with Thomas Schuster, a geologist and mining analyst. In the interview, Schuster says gold is ready for a comeback as global reserves of the metal become more limited. Below we recap his comments regarding the mining industry and how it may affect gold prices. Can gold rebound? The Gold Report asked
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