Tag Archives: London Bullion Market Association

Is it ‘Too Late’ to Buy Gold, Silver?

By Patrick A. Heller Ignoring the effects of inflation of the money supply, the price of gold this week reached an all-time record high, closing on the COMEX on Aug. 5 at $2,031. Silver’s COMEX close on the same day … Continue reading

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Did The London/New York Markets Default On Gold Deliveries?

By Patrick A. Heller  On Tuesday, March 24, two different bullion wholesalers told us that the London Bullion Market Association, the world’s largest gold market, was not delivering any gold to settle maturing contracts that had been called for delivery … Continue reading

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Greedy states exaggerate tax yield

Last week, I traveled to another state to meet, along with some of that state’s coin dealers, with revenue and tax officials. The purpose of the meeting was to discuss the impact on state tax collections should a rare coins, … Continue reading

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