Tag Archives: New York COMEX

What is the Correct Gold/Silver Ratio?

If you look at the COMEX closes on March 24, the spot price of gold was about $1,585.00 and silver was about $14.23. If you divide the price of gold then by the price of silver, you get a ratio … Continue reading

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‘Paper’ Gold Can Be Risky Business

Owning “paper” gold is not the same as possessing physical gold. Even though prices of both forms of gold-ownership are currently the same, they will not necessarily be equal down the road. By paper gold, I include all forms that … Continue reading

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Why Gold’s Price Is Destined To Keep Rising

A number of so-called financial experts are pretending to know why the price of gold is now up 17% and silver 15% since the end of April. Most of them don’t have a clue. True, the price of gold can … 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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