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Letters to the Editor
- Letters to the Editor (5/12/2015) Coin counting machines yield collectible coinsTo Bob Klippstein:I read your letter to NN about your find in your local grocery store’s Coinstar coin counting machine. I would like to congratulate you on your first find, the ‘43 “steely.” I hope t...
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Author Archives: Harry Miller
The IMF will provide $18 billion to Ukraine and an additional amount from other sources brings the total up to $28 billion over two years. Continue reading
Proof gold Eagles have edged up percentage-wise to bullion having gained nearly 2 percent in premium. Interestingly, proof silver Eagles are up a few dollars while their melt value is down $2. Gotta love those investment portfolio buyers. Continue reading
Last week precious metals were steady with an upward bias, but it’s a different story this week. Gold and platinum are both off about 1.5 percent, while silver took a 3 percent hit. Personally I feel the bias is still upward, but traders were disappointed in the FOMC not introducing a brand new stimulus package. Continue reading
The precious metals market has the feel of having formed a bottom for a probable run to higher levels. Buyers for common silver dollars have been absent from the wholesale markets, but I have noticed over the last several days they are again bidding for circulated Morgan and Peace dollars and are looking for bag quantities or partial bags. Continue reading
Oh, what a difference a week makes. Bad news and pessimism are replaced by hope and optimism with most feeling that the European Central Bank will ease their money supply to lift the Spanish banks. It would be impolite to say bailout. Continue reading
There is a lot of negative news regarding precious metals. Much of it has merit. What else can you expect with the dollar rising strongly and 10-year Treasury rates reaching a 60-year record low of 1.6 percent? Continue reading
A nice precious metals rally began a few hours after last week’s column was written. The metals then declined sharply. As I write this, gold and silver are firm. Continue reading
While I would certainly prefer to write about older U.S. coins, I cannot help but pay attention to the greatest overall force in the current coin market. Gold has declined 3 percent over the last month, silver a rather substantial 8 percent and platinum over 3 percent. Continue reading
Gold is down 3 percent, silver down 5 percent and platinum down 4 percent. The world’s stock markets continue a slow crash with the Dow Jones Industrial Average down 11 out of 12 days. Continue reading