Tag Archives: precious metals

Is it ‘Too Late’ to Buy Gold, Silver?

Posted on August 6, 2020 by Pat Heller

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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Record High Gold Price?

Posted on July 30, 2020 by Pat Heller

This week, the price of gold reached an all-time high price against the U.S. dollar. It closed Wednesday this week on the COMEX at $1,953.50 per troy ounce, well above even intraday gold prices during the previous peak in September … Continue reading →

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How High Will Silver Go?

Posted on July 26, 2020 by Richard Giedroyc

By Richard Giedroyc Silver broke through the $21 an ounce barrier as this commentary was being written, so how high will silver go? Is it really the poor man’s gold? There really isn’t anything further to say that the spot … Continue reading →

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Does A Gold Currency Make Sense?

Posted on July 16, 2020 by Pat Heller

Gold coins have circulated for thousands of years. Using gold in coins for payment purposes has a great combination of advantages—durability, portability, standardization, relative ease of production, and others. One limitation of using gold coins for commerce, however, has been … Continue reading →

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Coins with Intrinsic Value in High Demand

Posted on July 11, 2020 by Richard Giedroyc

By Richard Giedroyc Could prices for key date and ultra-high condition certified coins be ready for a dramatic increase? Dealers have been recently indicating there is a shortage of quality coins that aren’t what I would term “recycled stuff.” It … Continue reading →

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COVID Business Landscape: Part V

Posted on June 12, 2020 by Tom Michael

By Tom Michael As we wrap up our look into what changes the COVID-19 pandemic has brought to the coin business, we want to thank everyone who participated, sharing their insights and adaptations so that we might share them with … Continue reading →

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Coronavirus Creates Influx of Collectors, Investors

Posted on June 12, 2020 by Richard Giedroyc

By Richard Giedroyc The surprising and rapid recovery of equity markets in a “V” rather than a “U” shape curve has impacted the spot price of precious metals inversely. This, in turn, has been impacting the value of bullion and … Continue reading →

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Problems with China and India Gold Statistics

Posted on May 28, 2020 by Pat Heller

By Patrick Heller In last week’s column, I detailed various ways that official and unofficial reports of precious metals data (supply, demand, inventories, trading volume, etc.) are either kept secret, is misreported or is skewed so as to be misleading. … Continue reading →

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Coin Market Healthiest It’s Been in Years

Posted on May 8, 2020 by Richard Giedroyc

By Richard Giedroyc Gold continues to trade in a reasonably tight range while silver continues to dramatically underperform gold. You might not see this if you follow the demand for silver American Eagle and bullion-impacted silver coins. Demand continues to … Continue reading →

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Putting Coin Customers First Can Mean Long-Term Profitability

Posted on April 30, 2020 by Pat Heller

By Patrick A. Heller In my experience as a coin dealer since 1981, putting customers first results in long-term customer patronage. Long-term customers are far more profitable over time than a larger number of one-shot patrons. As I have shared … Continue reading →

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