Patrick A Heller

US Government’s Solution To Critical Self-Inflicted Financial Problems:  Suppress The Price Of Gold!

US Government’s Solution To Critical Self-Inflicted Financial Problems: Suppress The Price Of Gold!

By Patrick A. Heller Commentary on Precious Metals Prepared for CoinWeek.com ….. Over the next several weeks, the US government is facing a series of critical financial problems of its own making. Unless there is a last-minute agreement, this Friday the federal government will experience an automatic annual $85 billion reduction in spending increases called sequestration. […]

G-20 Finance Ministers Finally Admit And Simultaneously Deny “Currency Wars”

G-20 Finance Ministers Finally Admit And Simultaneously Deny “Currency Wars”

By Patrick A. Heller Commentary on Precious Metals Prepared for CoinWeek.com ….. Within the space of a few days in mid-September 2012 the European Central Bank, the Federal Reserve Bank, and the Bank of Japan all announced plans to inflate their respective currencies.  This represented a scale of inflation never before experienced in world history. I […]

US Dollar Experiencing A Terrible Ten Days

US Dollar Experiencing A Terrible Ten Days

By Patrick A. Heller Commentary on Precious Metals Prepared for CoinWeek.com ….. The US Dollar (and, therefore, the US government) has experienced a terrible ten days: On January 23, the Republican-controlled House of Representatives temporarily suspended the current limit for raising the Federal debt ceiling until May 19.  This action was taken after the US government […]

Despite Strong Track Record, Gold And Silver Are Not “Investments”

Despite Strong Track Record, Gold And Silver Are Not “Investments”

By Patrick A. Heller Commentary on Precious Metals Prepared for CoinWeek.com ….. Many people consider the ownership of precious metals to be an investment.  They are not.  Still, compared to many investments, gold and silver have outstanding track records for the past thirteen years. In my mind, the major purpose of owning physical gold and silver […]

The US Government’s Plans To Stick It To The American People In 2013

The US Government’s Plans To Stick It To The American People In 2013

By Patrick A. Heller Commentary on Precious Metals Prepared for CoinWeek.com As we come to the end of the calendar year, it is good to do an overall synopsis of what the US government will unleash on the American people in the coming year. No matter the temporary wrangling in Washington over the “fiscal cliff,” the […]

More Statistical Evidence That The US Dollar Is Doomed

More Statistical Evidence That The US Dollar Is Doomed

By Patrick A. Heller Commentary on Precious Metals Prepared for CoinWeek.com The magazine The Economist has just issued their annual economic review, this year titled The World in 2013. The issue does cover a number of social and political issues. Among the highlights are individual forecasts for economies of 79 of the larger nations. A commonly […]

“Experts” Shy Away From Short-Term Gold And Silver Price Forecasts

“Experts” Shy Away From Short-Term Gold And Silver Price Forecasts

By Patrick A. Heller Commentary on Precious Metals Prepared for CoinWeek.com This past week there were two investment conferences held simultaneously—the decades-old New Orleans Investment Conference and the 10th Annual Silver Summit.  I flew to Spokane, Washington to make a presentation to the attendees at the Silver Summit. There were a number of speakers at the […]

Political Campaign Lies And Manipulation Of Gold And Silver Prices

Political Campaign Lies And Manipulation Of Gold And Silver Prices

By Patrick A. Heller Commentary on Precious Metals Prepared for CoinWeek.com According to the US Census Bureau as of 9 AM Eastern on October 2, 2012, the estimated population of the US was 314,544,755.  As of January 1, 2009, the Census Bureau estimated that the US population was 305,529,237.  So, since Barack Obama became president on […]

What If Only 3% of Adults Wanted To Purchase Physical Gold And Silver?

What If Only 3% of Adults Wanted To Purchase Physical Gold And Silver?

By Patrick A. Heller Commentary on Precious Metals Prepared for CoinWeek.com The general public probably attributes the recent strength in gold and silver prices to a huge surge in demand from a wide swath of the population. That perception is completely false. Bron Suchecki of Australia’s Perth Mint was recently interviewed by the Financial Survival Network. […]

Wednesday Will Be Key Day For Precious Metals Markets

Wednesday Will Be Key Day For Precious Metals Markets

By Patrick A. Heller Commentary on Precious Metals Prepared for CoinWeek.com Gold and silver prices have been strong since the end of July, with gold up more than 7% and silver up 17% since then.  The next two shocks to the precious metals markets will hit on Wednesday, September 12.  My expectation is that the impact […]

By September 12, 2012 5 Comments Read More →
LIBOR Scandal Investigation Sparking Higher Gold And Silver Prices

LIBOR Scandal Investigation Sparking Higher Gold And Silver Prices

By Patrick A. Heller Commentary on Precious Metals Prepared for CoinWeek.com On July 31, Numismaster.com published my article where I passed along information that the investigation into the LIBOR interest rate manipulation scandal in Great Britain would soon expand. Further, I anticipated that this scandal would lead to other investigations that would possibly cover the […]

Newly Emphasized Gold And Silver Price Suppression Tactic Unleashed

Newly Emphasized Gold And Silver Price Suppression Tactic Unleashed

By Patrick A. Heller Commentary on Precious Metals Prepared for CoinWeek.com There are a wide variety of tactics whereby gold and silver prices could be suppressed. Perhaps the most frequently used method over the years has been for central banks to dump their physical gold reserves onto the market through the use of leases. By […]

“Hotel Buyer” Scams Bring Federal, State, and Local Criminal Charges

“Hotel Buyer” Scams Bring Federal, State, and Local Criminal Charges

By Patrick A. Heller Commentary on Precious Metals Prepared for CoinWeek.com On Tuesday morning, CBS News reported on the cessation of operations by THR Associates, which ran perhaps the largest “hotel buyer” operation in the US over the past few years.  To view the story, Click Here. In an earlier report in May about this […]

Patrick Heller Named 2012 Harry J. Forman Dealer of the Year

Patrick Heller Named 2012 Harry J. Forman Dealer of the Year

Patrick Heller is the 2012 recipient of the American Numismatic Association Harry J. Forman Dealer of the Year Award, which was presented Aug. 7 at the World’s Fair of Money Kick-Off event at the National Constitution Center in Philadelphia. The award is presented annually to an ANA-member dealer who shows uncommon dedication to strengthening the […]

By August 8, 2012 3 Comments Read More →
GATA Files New Freedom Of Information Act Document Requests

GATA Files New Freedom Of Information Act Document Requests

By Patrick A. Heller Commentary on Precious Metals Prepared for CoinWeek.com In 2007 and again in 2009, the Gold Anti-Trust Action Committee (GATA), whose website is http://www.gata.org, filed Freedom of Information Act requests with the US Treasury and Federal Reserve seeking documents related to gold swaps going back to 1990. In response, a modest quantity […]

Huge Physical Gold Shortage Looms

Huge Physical Gold Shortage Looms

By Patrick A. Heller Commentary on Precious Metals Prepared for CoinWeek.com A number of so-called experts are proclaiming that gold’s price is in a bubble that has burst.  However, actual market activity signals that demand for physical gold is draining available supplies. In the first five months of 2012, at least 315 tons (10.1 million […]

We Don’t Need Inflation Of The Money Supply

We Don’t Need Inflation Of The Money Supply

By Patrick A. Heller Commentary on Precious Metals Prepared for CoinWeek.com In an April 5 New York Times column titled “Not Enough Inflation,” economist Paul Krugman wrote, “a bit more inflation would be a good thing, not a bad thing.” Krugman’s proposal is completely wrong, as any first-year economics student should be able to explain. […]

US Government’s Financial Bluff Is Called

US Government’s Financial Bluff Is Called

By Patrick A. Heller Commentary on Precious Metals Prepared for CoinWeek.com There was a tremendous amount of news last week that will have long lasting impact on the lives of Americans and people around the world.  Both major US Supreme Court decisions affecting illegal aliens and the 2010 health care law got tremendous press coverage […]

Why Aren’t There “Hotel Sellers” Of Gold And Silver?

Why Aren’t There “Hotel Sellers” Of Gold And Silver?

By Patrick A. Heller Commentary on Precious Metals Prepared for CoinWeek.com In a recent five week period, there were “hotel buyers” for four of those weeks in the Lansing, Michigan area offering to purchase jewelry, coins, paper money, gold, silver, and platinum bars, and other collectibles.  Yet, in my 31 years as a coin dealer […]

Can Global Financial System Avoid Crashing Before November US Elections?

Can Global Financial System Avoid Crashing Before November US Elections?

By Patrick A. Heller Commentary on Precious Metals Prepared for CoinWeek.com As more people come to realize that “quantitative easing” (which is the current disguise to avoid stating “inflation of the money supply”) is simply a tax increase on everybody, support for this tactic will decline. But this growing opposition to depreciating the value of […]

Gold: Foreign Central Banks Versus The US Government

Gold: Foreign Central Banks Versus The US Government

By Patrick A. Heller Commentary on Precious Metals Prepared for CoinWeek.com An important market shift has occurred, as I expected, that now pits a growing number of foreign central banks against the plans of the US government. The US government, including its primary trading partners and a dwindling number of foreign allies, has a strong interest […]

Governments And Financial Media No Longer Pretending Everything Is Fine

Governments And Financial Media No Longer Pretending Everything Is Fine

By Patrick A. Heller Commentary on Precious Metals Prepared for CoinWeek.com I’ve been warning you for well over a year that the US was not experiencing an economic recovery and that Europe was a basket case waiting to implode. Suddenly it seems like all the governments, central bankers, and the financial media are agreeing with me. […]

More Behind-The-Scenes Positive Prospects For Higher Gold Prices

More Behind-The-Scenes Positive Prospects For Higher Gold Prices

By Patrick A. Heller Commentary on Precious Metals Prepared for CoinWeek.com While a lot of attention is focused on European debt problems and the US elections, there are a few developments in the works which bode well for higher gold prices in the future. These developments have nothing to do with technical trading signals or […]

Potential Tax-Free Profits In Tangible Assets

Potential Tax-Free Profits In Tangible Assets

By Patrick A. Heller Commentary on Precious Metals Prepared for CoinWeek.com If you invest in paper assets like stocks, bonds, CDs, and currencies and earn income or a profit from them, the Internal Revenue Service wants a cut for the federal government.  Many states and municipalities also want a piece of the proceeds. It doesn’t matter […]

Facebook Fiasco Is Latest In String Of Paper Asset Failures

Facebook Fiasco Is Latest In String Of Paper Asset Failures

By Patrick A. Heller Commentary on Precious Metals Prepared for CoinWeek.com Last Friday, Facebook’s Initial Public Offering (IPO) hit the market.  Early Tuesday morning this week, it already looks like another Wall Street snafu. In the run up to the IPO, the stock had been expected to be priced in the $28 to $35 range.  […]

Is The Huge JPMorgan Chase “Derivatives” Loss The Opening Of The Floodgates?

Is The Huge JPMorgan Chase “Derivatives” Loss The Opening Of The Floodgates?

Last Thursday, after US markets had closed, JPMorgan Chase CEO Jamie Dimon disclosed that the bank had absorbed losses in excess of $2 billion from derivatives trading.  Dimon blamed the losses on the failure of the bank’s systems to prevent trading activities which could result in losses of that magnitude. On Monday, the bank’s chief […]

Is US Government Gold Price Suppression Illegal?

Is US Government Gold Price Suppression Illegal?

By Patrick A. Heller Commentary on Precious Metals Prepared for CoinWeek.com In my constant complaints about the US government, its trading partners, and allies suppressing gold prices, I have never accused them of acting illegally.  That is because all of this chicanery is legal.  Here’s why. The Gold Reserve Act enacted January 30, 1934 supplanted […]

Former Central Banker Confirms US Government Gold Price Suppression Efforts

Former Central Banker Confirms US Government Gold Price Suppression Efforts

By Patrick A. Heller Commentary on Precious Metals Prepared for CoinWeek.com Last Sunday, a new study was released.  Titled “Dr. Zijlstra’s Final Settlement:  Gold as the Monetary Cosmos’ Sun,” it was written by Dutch economist Jaco Schipper who writes at www.MarketUpdate.nl. Jelle Zijlstra served as the Dutch Minister of Economic Affairs from 1952 to 1959.  […]

Be Honest—Why Do You Read My Commentaries?

Be Honest—Why Do You Read My Commentaries?

By Patrick A. Heller Commentary on Precious Metals Prepared for CoinWeek.com What do you do with my commentaries? I have been writing them since 1995, gaining a wider audience as time goes on. Do you merely read them for entertainment? If that’s enough for you, I accept that. Or possibly do you read them to […]

US Monetary Coercion Could Backfire, Resulting In A Global Gold Standard

US Monetary Coercion Could Backfire, Resulting In A Global Gold Standard

By Patrick A. Heller Commentary on Precious Metals Prepared for CoinWeek.com On March 17, through pressure from the US government and some European nations, Iran was cut off from access to the Society for Worldwide Interbank Financial Telecommunications (SWIFT) system. Belgium-based SWIFT handles almost all international banking transactions. Cutting off Iran from SWIFT was an […]

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