Author Archives: Pat Heller

Need a job? Drop gold investigation

Late last week, The Wall Street Journal reported that the U.S. Department of Justice and the U.S. Commodity Futures Trading Commission (CFTC) had begun investigations of 10 major banks over the process of setting prices for gold, silver, platinum and … Continue reading

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Greek debt crisis will impact gold

The government of Greece owes more than 400 billion euros worth of debt to the European Central Bank and to major banks in Europe, the U.S. and elsewhere. There are no reasonable prospects that more than a tiny fraction of … Continue reading

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Will Uncle Sam get your IRA?

I have written a number of times that I expect the U.S. government will eventually take or somehow get control of all assets in private retirement accounts, including precious metals individual retirement accounts. The basic reason for this expectation is … Continue reading

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Gold wins 15-year asset race

Although the U.S. dollar has been one of the strongest assets over the past year, it doesn’t look quite so attractive if you look at a longer time frame. As many of you know, I write a monthly newsletter titled … Continue reading

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Strong dollar, weak U.S. coin sales

As most of you have probably heard, the U.S. Dollar Index is now at its highest levels since September 2003. In theory, this is an index of the value of the U.S. dollar against a market basket of foreign currencies. … Continue reading

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New tactic used to combat fake bars

A creative new tactic is being used to help alert the public to the risk of counterfeit and altered Engelhard bars being offered for sale in eBay online auctions and online stores. Seven months ago, I wrote (http://www.numismaster.com/ta/numis/Article.jsp?ad=article&ArticleId=27777) about a … Continue reading

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Bullion charges ahead in 2015

As I write this Monday morning, the price of gold is up about $80 (6.7 percent) and silver soared $2.10 (13.4 percent) since the end of last year. If this news were for any other financial asset, it would get … Continue reading

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Bargains in old gold $5s

The activity level at the massive Florida United Numismatists show in early January each year is considered a bellwether indicator of the state of the numismatic markets. The show last week in Orlando revealed some shining spots and some weak … Continue reading

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Trophy coins rise with economy

It is common as a new year begins for various writers and speakers to opine on what they anticipate for markets in 2015.  Let me start off first by saying that I don’t know what will happen to the numismatic … Continue reading

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Gold up in euro, yen and rand

As I write this on the morning of Dec. 29, the spot price of gold is at $1,193.  That means that gold at the moment is down 0.8 percent against the U.S. dollar since the end of 2013. However, gold … Continue reading

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