Tag Archives: Patrick Heller

Tell Stories About Money

Posted on June 25, 2020 by Pat Heller

By Patrick Heller Numismatic collectors and dealers both have an incentive to attract more people to the hobby/industry. The greater number of collectors that exist, the higher the demand (and almost certainly prices) for coins and paper money they sell. … Continue reading →

Posted in Articles, General News, News | Tagged , , , , | Leave a comment

Why Isn’t Gold $3,000+?

Posted on June 18, 2020 by Pat Heller

By Patrick Heller  For 6,000 years, long before the first coins were created, gold has been used as a safe haven medium of exchange. Physical gold (and silver) have never failed in preserving wealth. This is in sharp contrast to … Continue reading →

Posted in Articles, General News, News | Tagged , , , , , | Leave a comment

Physical Precious Metals More Available, Premiums Declining

Posted on June 10, 2020 by Pat Heller

By the middle of March, demand in the U.S. for physical precious metals, especially gold and silver, was so strong that retailer inventories were largely depleted. As dealers attempted to restock from suppliers, wholesale inventories ran out. As primary distributors … Continue reading →

Posted in Articles, General News, News | Tagged , , , , , | Leave a comment

What Is Really Happening In Precious Metals Markets?

Posted on May 21, 2020 by Pat Heller

By Patrick Heller In 2020, there has been another modest surge of interest of Americans wanting to own some physical precious metals, especially gold and silver. People are becoming more aware that governments’ inflation of the money supplies is almost … Continue reading →

Posted in Articles, General News, News | Tagged , | Leave a comment

Why You Should Be a Collector

Posted on May 14, 2020 by Numismatic News Staff

By Patrick Heller With so many people today facing sudden financial hardships and possible time constraints, it may make sense to consider whether to pursue a pre-existing or new hobby. This could apply to every hobby, not just numismatics. Hobbies … Continue reading →

Posted in Articles, General News, News | Tagged , , , | Leave a comment

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

Posted on April 2, 2020 by Pat Heller

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 →

Posted in Articles, General News, News | Tagged , , , , , , | Leave a comment

What is the Correct Gold/Silver Ratio?

Posted on March 26, 2020 by Pat Heller

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 →

Posted in Articles, General News, News | Tagged , , , , , , , , | Leave a comment

Precious Metals Spot Prices Down, Physical Market Premiums Up Strong

Posted on March 19, 2020 by Pat Heller

For those of us who have seen volatile markets multiple times over the decades, it is entirely understandable that when the spot prices in the “paper” commodity markets suddenly plummet, the premiums for actual physical gold and silver coins and … Continue reading →

Posted in Articles, General News, News | Tagged , , , , , , | Leave a comment

Currencies and Stocks Plummet in Value Against an Ounce of Gold

Posted on March 12, 2020 by Pat Heller

By Patrick Heller  The main reason why I advocate that people should own some bullion-priced physical gold and silver coins and ingots as part of their investment portfolio or net worth is to serve as a form of “wealth insurance” … Continue reading →

Posted in Articles, General News, News | Tagged , , , , , , , | Leave a comment

Three States Considering Repeal Of Coin/Bullion Sales Tax Exemptions

Posted on March 5, 2020 by Pat Heller

In recent years, state, county, and local governments were finally required to include on their financial statements the net present value of unfunded liabilities for employee pensions and retiree health care and other retirement benefits. Michigan’s state government now discloses, … Continue reading →

Posted in Articles, General News, News | Tagged , , , , | 1 Comment