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- Letters to the Editor (Nov. 10, 2015) Kennedy, Eisenhower worth of C&C SetsSorry to be nit-picky, but, the folks whose letters were published Sept. 22 (print edition) as e-letters did not understand the question as none of the four responses had anything to do with the Coin and Curren...
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Author Archives: Pat Heller
As the price of silver touched a six-year low last week, the truth is that many customers of long-term dealers are still in a nice paper profit position. Many coin collectors and investors in precious metals realized years or decades … Continue reading
As I write this Monday morning, Aug. 24, the Shanghai Composite Index has fallen more than 35 percent since its June peak and the Dow Jones Industrial Average is down about 12 percent from its peak less than six weeks … Continue reading
After being range-bound for a few weeks, gold and silver last week surged about 4 percent from the close the previous Friday. The immediate cause was the Chinese government devaluing its currency on three different days, totaling an almost 4 … Continue reading
For several years now, I have been hearing about a means of being able to hold the precious metals acquired by your Investment Retirement Account (IRA) in your personal custody instead of being stored at a custodian as required for … Continue reading
Selling subscriptions to financial investment newsletters is tough. First, the writer needs to be perceived as knowing what he or she is talking about. Second, they also need to scoop other sources on coming out with new information first. Third, … Continue reading
While there may be some who have hopes that Greece’s debt problems may be resolved without a financial crisis, the long-term prospects are virtually nil. A review of U.S. monetary policy from 1944 to 1980 demonstrates just how difficult it … Continue reading
Last Friday, the State Administration of Foreign Exchange (SAFE) of the People’s Bank of China (PBoC) reported that the central bank now had gold reserves of 1,658 tons (53.3 million ounces), an increase of 604 tons from the 1,054 tons … Continue reading
The spot price of silver fell below $15 per ounce for much of last week, reaching its lowest levels in several years. The price of gold also fell to its lowest price of the year. Normally, when prices fall in … Continue reading
It is clear that the Chinese government is actively seeking to make its yuan currency one of the most important currencies for international trade. Over the past few years, China and a number of nations have concluded bilateral agreements. Under … Continue reading