Tag: Pat Heller

What Can You Do When The US Government Stops Supporting The US Dollar?

What Can You Do When The US Government Stops Supporting The US Dollar?

By Patrick A. Heller Commentary on Precious Metals Prepared for CoinWeek.com …….. In the previous two weeks, the US Treasury has been forced to pay out a net of $65 billion to cover US dollars and US Treasury Debt being repatriated.  Some amount of this is almost certainly 1) in retaliation by the Russian and […]

Obama’s MyRA Accounts—The Next Step Towards Government Seizure Of Precious Metals IRA Assets!

Obama’s MyRA Accounts—The Next Step Towards Government Seizure Of Precious Metals IRA Assets!

By Patrick A. Heller Commentary on Precious Metals Prepared for CoinWeek.com ….. During last week’s State of the Union address, US President Barack Obama announced plans to create new myRA retirement accounts.  The next day, he signed paperwork directing the Department of Treasury to create these government-backed accounts. MyRA accounts are available only to Americans who […]

Industry Council for Tangible Assets [ICTA] Installs New Officers

Industry Council for Tangible Assets [ICTA] Installs New Officers

Annapolis, MD—Harry Miller, of Miller’s Mint, was installed as the new chairman of the Industry Council for Tangible Assets at their board meeting on January 8 in Orlando. Miller founded Miller’s Mint in May of 1967. Besides being active in ICTA, he is a member of the American Numismatic Association, Florida United Numismatists, American Stamp […]

By January 31, 2014 0 Comments Read More →
Is China Dictating US Government Policy On Gold?

Is China Dictating US Government Policy On Gold?

By Patrick A. Heller Commentary on Precious Metals Prepared for CoinWeek.com ….. In my previous column, I had speculated that the Chinese government had ordered the US government to suppress gold and silver prices so as to allow the Chinese to acquire more precious metals at bargain prices. Since then, an important revelation has come to […]

Did The Market For Gold Change In 2013?

Did The Market For Gold Change In 2013?

By Patrick A. Heller Commentary on Precious Metals Prepared for CoinWeek.com ….. At the start of each year, I review the 10 predictions that I made a year earlier.  If you are making predictions that you hope people consider, you need to be held accountable for what you say. I never hit it perfect, or even […]

Will COMEX Gold Market Fail Within 90 Days?

Will COMEX Gold Market Fail Within 90 Days?

By Patrick A. Heller Commentary on Precious Metals Prepared for CoinWeek.com ….. New York’s COMEX commodity gold market has been one of the two most important venues referenced for determining the price of gold for all other trading purposes.  Yet this market, which largely reflects the trading of paper contracts rather than physical metal, is quickly […]

Latest FOMC Announcement Scares Investors; Gold And Silver Prices Clobbered

Latest FOMC Announcement Scares Investors; Gold And Silver Prices Clobbered

By Patrick A. Heller Commentary on Precious Metals Prepared for CoinWeek.com ….. The statement issued by the Federal Open Market Committee (FOMC) at the conclusion of their latest meeting last Wednesday was close to a verbatim repeat of the announcement at the end of the May meeting. The contents of this pronouncement pretty much matched what […]

What Will The Federal Open Market Committee Try To Hide This Time?

What Will The Federal Open Market Committee Try To Hide This Time?

By Patrick A. Heller Commentary on Precious Metals Prepared for CoinWeek.com ….. This week, the Federal Open Market Committee (FOMC) is holding their regularly scheduled two-day meeting on Tuesday and Wednesday.  As usual, at the conclusion of the meeting, a brief statement will be issued.  These statements are among the most highly scrutinized of any government […]

When Is A Dollar Not Worth A Dollar?

When Is A Dollar Not Worth A Dollar?

By Patrick A. Heller Commentary on Precious Metals Prepared for CoinWeek.com ….. Question:  When is a dollar not worth a dollar? Answer:  When the US government says so. Money market funds were developed in the 1970s as a way for investors to park short-term money in assets that generally provided higher returns than interest-bearing savings accounts.  […]

Five Big Lies About Gold And Silver

Five Big Lies About Gold And Silver

By Patrick A. Heller Commentary on Precious Metals Prepared for CoinWeek.com ….. As I have said before, the price of gold represents a report card on the US government, economy, and dollar.  If the price of gold is stable, that is probably a positive sign for all three.  If, instead, the price of gold is continuously […]

Hong Kong Mercantile Exchange Defaults On Gold And Silver Paper Contracts

Hong Kong Mercantile Exchange Defaults On Gold And Silver Paper Contracts

By Patrick A. Heller Commentary on Precious Metals Prepared for CoinWeek.com ….. Here’s another story that the US mainstream media seems to have missed. The Hong Kong Mercantile Exchange was established in May 2011 as an electronic trading platform for gold futures.  Two months later it added a platform for trading silver futures.  Exchange officials announced […]

EBay sellers—One More Scam To Watch Out For

EBay sellers—One More Scam To Watch Out For

By Patrick A. Heller Commentary on Precious Metals Prepared for CoinWeek.com ….. The advancements in digital photography and the ease of ability to post price lists and auctions on the internet have proved to be a real boon for coin sellers.  However, with the rise of legitimate online transactions comes new ways of trying to separate […]

With Paper Gold Contracts Defaulting, Capital Controls Will Likely Be Here Before You Know It!

With Paper Gold Contracts Defaulting, Capital Controls Will Likely Be Here Before You Know It!

By Patrick A. Heller Commentary on Precious Metals Prepared for CoinWeek.com ….. One of the circulating rumors is that the reason for the major gold and silver price suppression over the past 11 days was to prevent a major default of London Bullion Market Association contracts.  Before you dismiss that idea as a joke, there could […]

Are Funds Deposited In Your Bank Account Really Yours?

Are Funds Deposited In Your Bank Account Really Yours?

By Patrick A. Heller Commentary on Precious Metals Prepared for CoinWeek.com ….. The implications of the twists and turns in the Cyprus bailout fiasco are reverberating worldwide.  One of the lessons that Americans should learn from this is that funds you deposit in your bank are only yours so long as the bank or the government […]

Why I Do Not Want Gold And Silver Prices To Soar!

Why I Do Not Want Gold And Silver Prices To Soar!

By Patrick A. Heller Commentary on Precious Metals Prepared for CoinWeek.com ….. By now I think most of you know that I own a company that buys and sells a lot of gold and silver products.  You have probably also heard me predict that gold and silver prices have a strong likelihood of a major increase […]

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 […]

More Bad Economic News For The US Government

More Bad Economic News For The US Government

By Patrick A. Heller Commentary on Precious Metals Prepared for CoinWeek.com ….. The poor economic news is starting to come out in droves, but you wouldn’t know it if you only looked at the headlines of the US mainstream media. Buried in the stream of reports, the US Commerce Department last week revealed that the US […]

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 […]

Is Germany Ready To Repatriate Its Gold Reserves?  What Gold Reserves?

Is Germany Ready To Repatriate Its Gold Reserves? What Gold Reserves?

By Patrick A. Heller Commentary on Precious Metals Prepared for CoinWeek.com ….. On January 14, the German publication Handelsblatt reported that Germany has become serious about repatriating significant amounts of its gold reserves held outside of the country, primarily at the Federal Reserve Bank of New York.  According to the Bundesbank, out of 109 million ounces […]

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 […]

Why The US Dollar Will Not Soon Lose Its Status As The World Reserve Currency

Why The US Dollar Will Not Soon Lose Its Status As The World Reserve Currency

By Patrick A. Heller Commentary on Precious Metals Prepared for CoinWeek.com I have written extensively about the different means by which the US dollar is declining in use for international transactions. It wasn’t that long ago that the dollar was the monetary unit used in over 80% of all international commerce. Today that percentage is down […]

By September 27, 2012 4 Comments Read More →
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. […]

The More Gold And Silver Prices Are Suppressed, The Higher They Will Rebound

The More Gold And Silver Prices Are Suppressed, The Higher They Will Rebound

By Patrick A. Heller Commentary on Precious Metals Prepared for CoinWeek.com As I explained in my last column, the German Constitutional Court on Wednesday concurred with the legality of the European Central Bank’s plan to engage in quantitative easing of the Euro. The reason I expected this result was that the ECB’s governing documents had a […]

By September 13, 2012 2 Comments Read More →
Gold And Silver—I Told You So!

Gold And Silver—I Told You So!

By Patrick A. Heller Commentary on Precious Metals Prepared for CoinWeek.com In my radio program six days ago, I warned listeners to expect the prices of gold and silver to be clobbered late last Thursday and early Friday morning up to the time that Federal Reserve Chair Ben Bernanke made his remarks at the Federal […]

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 […]

LinkedIn
 
LLC. Copyright © 2014 All rights reserved. No portion of this site may be reproduced or copied without Written Permission
PO Box 916909 Longwood, Florida 32791-6909 | Office Hrs M-S 7:00AM-7:00PM | Toll Free: 800-579-5228 | Email:news@coinweek.com

ABOUT COINWEEK | ADVERTISING | WEEKLY COIN GIVEAWAY | SHOW SCHEDULE | CONTRIBUTE ARTICLES | NEWSLETTER | TERMS OF USE