Tag Archives: Pat Heller

Will the Public Need to Liquidate?

America’s two main political parties have set new records in 2020 of higher government spending and taking on new debt. However, this multi-trillion-dollar spending surge may stall, or even reverse, once we pass the Nov. 3 election day. Among the … Continue reading

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‘Wayfair’ Sales Tax Compliance Burden Grows

I doubt that many—if any—coin dealers know the answers to all of the following questions. Can you name the U.S. state where the governor and the revenue department have declared that a single sale by an out-of-state business to a … Continue reading

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Precious Metals Mining Stocks

Although I work buying and selling physical precious metals, many of our customers also own shares of precious metals mining companies. They sometimes ask my opinion on owning mining shares in general or about specific mining companies. I owned shares … Continue reading

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U.S. 90 Percent Silver Coins: Best Silver Value

A common question we hear from people contemplating a first-time purchase of physical gold and silver, once they realize there are multiple coin and ingot options, is which forms we would recommend. There are a number of factors that can … Continue reading

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Using Coins and Paper Money For Business Promotion

By Patrick Heller  What might be considered a sneaky way to promote new coin collectors can occur if coins and paper money are given away for business promotion purposes. Two such promotions might be most familiar to the general public.  … Continue reading

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U.S. Government Gold Reserve Auditor Deceptions

By Patrick A. Heller Beginning in 1974, the auditors of the U.S. government’s gold reserves held at Fort Knox, Ky., and at the U.S. Mint facilities in Denver, Colo., and West Point, N.Y. (which was named the West Point Bullion … Continue reading

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How High Could Gold Go?

By Patrick A. Heller The U.S. Exchange Stabilization Fund (ESF) was established as part of the Gold Reserve Act of Jan. 31, 1934. It began operations in April that year, funded with $2 billion of the $2.8 billion paper profit … Continue reading

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Which Numismatic Fad Will Fizzle Next?

by Patrick Heller Passing fads eventually fizzle out. Remember Pet Rocks or Beanie Babies from a few decades ago? Well, numismatics fads also happen, eventually peak, then fizzle out in value. Here are three examples from the 1960s. Remember when … Continue reading

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Gold Demand: A Different View

Most market observers are aware that China is the world’s largest gold-consuming nation.  However, a different way of judging the relative strength of gold demand in a country is to express it as a percentage of Gross Domestic Product (GDP). … Continue reading

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A Modest Proposal for the U.S. Mint

Last week Thursday into Friday morning, the U.S. Mint conducted its fourth Numismatic Forum.  The location was at the Federal Reserve Bank of Philadelphia, the site where the first such event was held in 2016. Attendance was by invitation only.  … Continue reading

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