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Author Archives: Pat Heller
From the COMEX exchange’s weekly position reports, the commercial traders increased their net short position from June 3 to July 8 by more than 240 million ounces. This amount represents nearly 30 percent of annual worldwide new silver mining production. … Continue reading
Will nanotechnology develop sufficiently in the future to make it possible to create perfect duplicates that will not be distinguishable from the genuine original coins and paper money? Nanotechnology is technology on the scale of one billionth of a meter. … Continue reading
The nation’s coin dealers are saying no to Minnesotans. Their choice is to reject these clients or comply with a draconian new state law. It might surprise some that it has come to this, but there has been a long … Continue reading
A numismatic dream is to acquire an item at face value or on the basis of metal value, then later sell it for a collector premium. There are endless marketing campaigns that try to make what I consider high-priced bullion … Continue reading
The provisions of the Foreign Account Tax Compliance Act (FATCA) became law in March 2010. The law and its associated regulations are designed to improve compliance by U.S. taxpayers in reporting and paying taxes due on foreign-based assets. In the … Continue reading
While the popular media reported on multiple record high closings for the Dow Jones Industrial Average and S&P 500 Index last week, did you realize that the spot price of silver outperformed both last week? Or did you realize that … Continue reading
Yesterday, as has happened hundreds of times before, a customer approached me who is considering taking up the collection of rare coins for a hobby. He was nearing retirement and looking for something to do with his anticipated spare time. Continue reading
When the Central States Numismatic Society celebrates its 75th Anniversary April 23-26 at its convention in Schaumburg, Ill., (open to the general public beginning April 24), attendees will have the opportunity to be among the first in the nation to view the movie “Alongside Night.” Continue reading
For most individual tax return filers, April 15 is the annual deadline to send in their personal federal income tax forms. Continue reading