By Patrick A. Heller
The COMEX began trading gold futures contracts shortly after it was again legal for Americans to own gold at the beginning of 1975. An explicit purpose for setting up this gold exchange was to help manage the price of gold
Category Archives: market
Coronavirus Creates Influx of Collectors, Investors
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 bullion-impacted coins. Consider that the bad news
Demand for Gold and Silver ‘Ballistic’
By Richard Giedroyc
First, all the over-the-counter sales stopped. Then all public participation in auctions was curbed. Local coin clubs cancelled meetings