Author Archives: Pat Heller

Eagles not best way to own silver

The U.S. Mint charges $2 above the spot price when it sells regular silver American Eagle one-ounce coins to its handful of Authorized Purchasers. These APs are then responsible for the costs and logistics of picking up the coins at … Continue reading

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Collectible coins better than bullion?

As often happens, this column was sparked by a question received by someone who last week requested a copy of my PowerPoint presentation on “Consumer Protection Tips When Buying And Selling Physical Precious Metals.” This reader had gone on to … Continue reading

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Take bullion delivery fast

Criminal scams are not unique to the precious metals industry, as it is but one minor niche of the massive financial markets. However, it is the industry in which I participate. Where possible, I try to help would-be buyers of … Continue reading

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Swiss gold initiative fails

At the end of November, the Swiss voted down three initiatives. One would have called for their federal government to enact a requirement that the nation’s central bank, the Swiss National Bank, eventually acquire enough gold to equal the value … Continue reading

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How difficult is it to strike coins?

Last week, I described the announced plans of the Middle East terrorist group ISIS to strike and issue gold, silver and copper circulating coinage where the gold and silver coins would trade on the basis of their intrinsic metal value. … Continue reading

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ISIS gold coins?

During the 1972-1973 school year at the University of Michigan Business School, which was my junior year, Marina von Neumann Whitman came to address the students and faculty. Whitman, the daughter of famed mathematician John von Neumann, was then serving … Continue reading

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Swap gold for silver?

There have been several opportunities since the 1979-1980 gold and silver boom where the gold/silver ratio was so distorted that it was possible to trade out of one metal into the other to realize a possible gain when the ratio … Continue reading

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Dollar looks good; how long?

“You cannot have real peace and prosperity unless you can absolutely trust the money.” This is a paraphrase of comment by silver guru David Morgan Oct. 24, at the Silver Summit in Spokane, Washington. For decades I have implicitly understood … Continue reading

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Silver crowd shrinks

This past weekend (Oct. 25-26) there were two major financial conferences for those interested in precious metal – the New Orleans Investment Conference in Louisiana and Silver Summit in Spokane, Wash.. I attended and gave a presentation at the Silver … Continue reading

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Silver demand tops gold

The price of gold is up slightly while prices for silver, platinum and palladium are all down from a month ago. With the U.S. stock market indices down several percent from their recent highs, many people would expect the prices … Continue reading

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