Author Archives: Pat Heller

Metal supplies tighten

About two months ago, after considering the extent of gold and silver prices thus far in 2017, I forecast a more than 50 percent probability that the prices would reach $1,300 and $20 by the end of April. Although I … Continue reading

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Premiums up as metals drop

From Friday, April 28, to Friday, May 5, the COMEX closing gold and silver prices fell 3.3 percent and 5.6 percent, respectively. Normally when you have such a dramatic price decline, that should indicate a significant increase in supplies or … Continue reading

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Silver Eagle demand falls

There is a tendency to focus on narrow statistics where it is possible to derive hard data in circumstances where accurate big picture information is simply not available. Here is an example: Through the end of April 2017, the U.S. … Continue reading

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Dollar safe until August

The value of the euro had been somewhat weak in recent weeks, partly out of fear that the French elections on April 23 would winnow down the presidential runoff election on May 7 to two candidates who both advocated that … Continue reading

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Sagging economy, rising gold

Late last week, the price of gold reached a five-month high going into a holiday weekend (most U.S. markets were closed last Friday while many European markets were closed this Monday). Holiday weekends are a prime opportunity for the U.S. … Continue reading

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Uncertain world good for gold

Last week I predicted a more than 50 percent chance that the price of gold would exceed $1,300 and silver more than $20 by the end of April. As of Tuesday, April 11, the price of gold reached a five-month … Continue reading

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Dollar drops 96 percent

With central banks in France and the Netherlands repatriating U.S. dollars in exchange for gold during the 1960s into the beginning of the next decade, the U.S. government was suffering a run on its gold reserves. To halt this trend, … Continue reading

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Viewpoint: Make a deal to get cheaper bullion

Editor’s Note: This article was originally published as a news story on www.NumismaticNews.net and also ran in the March 24 e-newsletter. By Patrick A. Heller I recently discussed how the sales of bullion-priced precious metals coins and bars have been … Continue reading

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Metals ready to jump?

Through Monday night, the prices of gold and silver had, year to date, outperformed all major American and foreign stock market indices and the U.S. Dollar Index. Here is a list of some of the financial data I track: Last … Continue reading

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Make a deal for bullion

I recently discussed how the sales of bullion-priced precious metals coins and bars have been selling slowly in U.S. markets at the same time demand has picked up in China, India and many parts of Europe. This slowdown in U.S. … Continue reading

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