Author Archives: Pat Heller

What’s up with Bitcoin?

At the end of 2015, the electronic currency called Bitcoin was trading for about $430. It was over $700 early this week.  As of Wednesday, its price was around $686, up almost 60 percent year to date.  What is going … Continue reading

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Silver weight matters

As the prices of precious metals escalate, the accuracy of weight and purity can make a difference. For example, an exact-weight 1,000 troy ounce silver bar of .999 purity can have as much as one ounce of other components. In … Continue reading

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Find best coin buys by formula

What are today’s best values in numismatics in terms of future appreciation prospects? On the other side, which numismatic items seem to be overvalued now and, therefore, have the poorest potential future gains, or even the possibility of price declines? … Continue reading

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Three reasons for gold

When people discuss the reasons for owning gold and silver, there can sometimes be miscommunication because people can have different ideas of what it means to do so. For instance, do you consider owning gold and silver as a form … Continue reading

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No gold left in Venezuela?

Although the general American media has not given much coverage to the story, economic conditions in Venezuela have deteriorated over the past few years. The downturn has accelerated as the government has increased the inflation of the money supply. Inflation … Continue reading

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Gold unfazed by large sales

On the basis of news developments over the past month, I now forecast about a 67 percent likelihood that the spot price of gold will top $1,450 and silver will surpass $20 by Labor Day this year. Since gold and … Continue reading

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Gold jumps as dollar drops

The news developments last week on Tuesday, Wednesday and Friday were ones where gold and silver prices have almost always declined over the past five years. Specifically, these events were the expiration of the New York COMEX May silver option … Continue reading

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New path for silver?

Will this be the week that the price of silver breaks upward to stay? By the history of the past five years, that should not happen. However, if silver and gold prices are not knocked down this week, you could … Continue reading

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Biggest silver story of year?

The alarm bells started going off on April 7. The share price of Deutsche Bank fell sharply that day. This bank is one of the U.S. government’s primary trading partners. It holds a larger portfolio ($70 trillion) of derivatives contracts … Continue reading

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Small coin shop: Thing of the past?

More than 10 years ago, I served for two years as the only coin dealer on the American Numismatic Association Future of the Hobby Committee. Former ANA president John Wilson chaired it. David Harper of Numismatic News was one of … Continue reading

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