
stocks
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This Week in Gold: Market shake-ups
- October 17, 2014
- Posted by: Orkan Ozkan
- Category: Gold, Government, News, 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: Featured, Gold, News, Videos
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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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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CNBC Article: Gold is “kind of like the Rocky Balboa right now”
- August 27, 2014
- Posted by: Orkan Ozkan
- Category: Gold, News
In a CNBC article titled “How gold is defying the haters”, author Alex Rosenberg describes a peculiar phenomenon occurring: despite rising stocks and a strong U.S. dollar, gold has shown much resilience, holding around the $1,300 per ounce level. In Wednesday morning trading, Comex gold for December delivery was up $2.20 at $1,287.40 an ounce, and spot gold
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Portugal’s Largest Publicly-Traded Bank in Trouble, Stocks Plummet
- July 10, 2014
- Posted by: Orkan Ozkan
- Category: Gold, Government, News
Espírito Santo International, the parent institution of Portugal’s largest publicly-traded bank Banco Espírito Santo (BES), announced on Tuesday that it had missed payments on some of its debt. Today, July 10th, trading of both Espírito Santo International and BES stocks was suspended. BES is also Portugal’s second-largest lender. In response, stocks have fallen. European stocks are down by
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What Were the Top-Performing Assets During the First Half of 2014?
- July 8, 2014
- Posted by: Orkan Ozkan
- Category: Gold, News, Silver
The end of June marked the end of Q2 2014 and the first half of the financial year. Can you guess what June’s top-performing asset was? And the only one yielding double-digit returns? None other than silver. Gold came in second, and the worst-performing asset was wheat. In Q2 (the months of April, May, and June), silver
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Silver: Another Undervalued Precious Metal?
- June 26, 2014
- Posted by: Orkan Ozkan
- Category: Featured, News, Silver
Earlier this week we posed the question of whether gold is currently undervalued. No one can know for certain, but some of the data and charts floating around may suggest so. Now, an author for Seeking Alpha is posing the same question for what is often considered gold’s less-attractive cousin: silver. The author titles the article “5 Reasons
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Another Reason to Consider Gold: Liquidity
- June 25, 2014
- Posted by: Orkan Ozkan
- Category: Gold, Learn
The World Gold Council’s latest edition of Gold Investor highlights one of gold’s many attractive aspects: its liquidity. Liquidity refers to “How easy it is to buy or sell a specific product or type of metal.” For example, a one-ounce American Gold Eagle coin is very liquid due to a very active, reliable, ready population of
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Could Stocks Collapse by 50% in 2014?
- June 9, 2014
- Posted by: Orkan Ozkan
- Category: Featured, Gold, News
Could the market be headed for a major downturn soon? Three historically successful financial analysts seem to think so. Read below and decide for yourself based on their opinions. Mark Spitznagel, a hedge fund manager who made a successful billion dollar bet on the 2008 financial crisis, believes “We have no right to be surprised by
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Retirement Savings on the Rebound
- June 2, 2014
- Posted by: Orkan Ozkan
- Category: News, Retirement
The Principal Financial Group released research finding that retirement account savings are rebounding. Since the recession began five years ago, retirement savings have nearly doubled, rising by 93%. Individuals have been participating in retirement plans in larger numbers and putting more money into them since the market collapse in 2009, in correlation with the rising stock
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