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Letters to the Editor
- Letters to the Editor (August 2, 2016) Marks’ statement on Liberty medal not official The front page story, “Silver medal marks Liberty’s return” (Numismatic News, July 12) reports that I “announced details of the 2016 American Liberty silver proof medal June 15.” That statement came as quite a surprise to me. Although I had the past honor to serve as the chairman of ...
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Author Archives: Pat Heller
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
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
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
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
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
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
At the huge Baltimore show this past weekend, a new reference catalog titled “American Gold And Silver: U.S. Mint Collector And Investor Coins And Medals, Bicentennial To Date” debuted. Authored by Dennis Tucker, this 374-page hardbound book is published by … Continue reading
In the late 1970s, Conrad Braun started a company named the Gold Standard Corporation. In the years it operated, it issued a variety of gold, silver and platinum pieces containing stated amounts of metal content. For some of the designs, … Continue reading
At the conclusion of its March 16 meeting, the Federal Open Market Committee announced that it was leaving the federal funds interest rate unchanged. This followed the announcement six days earlier by the European Central Bank that the eurozone economy … Continue reading