
stock market
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This Week in Gold: Market shake-ups
- October 17, 2014
- Posted by: Orkan Ozkan
- Category: This Week in Gold
No CommentsThis week in gold, concerns over factors such as global economic growth, corporate earnings, and the Ebola virus shook up the markets, as gold rallied to a 1-month high and the stock market experienced one of its worst-performing days since 2011. We also explained to you the anatomy of U.S. coinage – useful knowledge for anyone who owns or is
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Gold reaches 1-month high as stocks continue decline
- October 15, 2014
- Posted by: Orkan Ozkan
- Category: News
Gold for December delivery rose 0.7% to $1,243 an ounce by 11:29 a.m. EST on the Comex, the third straight gain and the longest rally for gold since August 14. Meanwhile, the stock market has largely erased its 2014 gains amidst investor concerns over global economic growth, corporate earnings, and the Ebola virus. The Dow, S&P,
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This Week in Gold: U.S. Dollar Infographic, Market Happenings
- October 3, 2014
- Posted by: Orkan Ozkan
- Category: This Week in Gold
This week in gold, we shared an infographic depicting what $1 buys you then vs. now and covered notable movements in both the stock and gold markets. While markets may fluctuate, remember that physical gold is seen as a long-term investment offering real value and peace of mind that your wealth is protected. Infographic: “Then vs. Now:
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Dow Falls on Worries about Global Growth
- October 2, 2014
- Posted by: Orkan Ozkan
- Category: News
U.S. stocks fell to their lowest levels since mid-August on Wednesday, as the Dow Jones Industrial Average lost 235 points, or 1.4%, the S&P 500 lost 27 points, or 1.4%, and the Nasdaq Composite Index lost 77 points, or 1.7%. Gold futures gained 0.3% to $1,214.60 an ounce. Stocks began to decline later in the day after
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This Week in Gold: Royal Mint, Fed Basics, Stock Market Woes
- September 26, 2014
- Posted by: Orkan Ozkan
- Category: This Week in Gold
This week in gold, the UK’s Royal Mint opened its doors to members of the public looking to own gold, we answered basic questions regarding the U.S. Federal Reserve, and the stock market experienced a tumble that concerned some experts. As market watchers anticipate the end of the third quarter and some gold-heavy holidays coming up in
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Stocks Tumble, Some Experts Warning of Correction
- September 25, 2014
- Posted by: Orkan Ozkan
- Category: News
The S&P 500, Dow Jones Industrial Average, and Nasdaq all tumbled on Thursday at close, making it the worst day of performance for all three indexes since July 31. Tech giant Apple announced on late Wednesday that its latest software update contained a glitch that was preventing users from making phone calls, and subsequently its
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Is George Soros Betting More Than $2B on a U.S. Stock Market Collapse?
- August 20, 2014
- Posted by: Orkan Ozkan
- Category: News
Newsmax reports that billionaire investor and business magnate George Soros has upped his financial wager that U.S. stock market will suffer a collapse within the coming months. He now has a negative bet on the Standard & Poor’s (S&P) 500 Index of $2 billion. Investors have been watching Soros up this ante since late last year. As of
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This Week in Gold: More Geopolitics, Gold Outperforms, Silver Trends
- August 15, 2014
- Posted by: Orkan Ozkan
- Category: This Week in Gold
This week in gold, more Russia/Ukraine concerns helped gold pass $1,310, data showed that gold has outperformed all other major asset classes this year, and an analyst from Casey Research gave seven reasons he is excited about silver and its potential. On Friday morning gold was at $1,303.03 an ounce by 8:16 am PST after some new Ukraine headlines
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Gold Has Outperformed All Major Asset Classes This Year
- August 13, 2014
- Posted by: Orkan Ozkan
- Category: News
The chart below from Reuters shows that gold, despite its somewhat disappointing performance lately, has still been outperforming all major asset classes this year. This can be attributed partly to the heavy amount of geopolitical risk present as of late – according to Zero Hedge, 11.7% of the world is at war right now
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Gold in 2014: Where Might it Go from Here?
- July 28, 2014
- Posted by: Orkan Ozkan
- Category: News
Gold has certainly seen its ups and downs so far in 2014, and no one has a crystal ball to look into the future and predict its next direction. However, in an article titled “At the Crossroads: Gold in 2014” from the February/March issue of American Hard Assets magazine, author Mike Getlin points out that “Though 2014 may
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