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Coin Week Articles

Articles originally written for CoinWeek.com by Pat.

More Bad Economic News For The US Government

Wednesday, 13 February 2013 00:00 | Written by Patrick A. Heller |

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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.

US Dollar Experiencing A Terrible Ten Days

Thursday, 31 January 2013 00:00 | Written by Patrick A. Heller |

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The US Dollar (and, therefore, the US government) has experienced a terrible ten days:

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

Wednesday, 16 January 2013 00:00 | Written by Patrick A. Heller |

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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 of reported German gold reserves, 45% (about 49 million ounces) are stored at the Fed in New York, 13% at the Bank of England, 11% at the Bank of France, and 31% at the Bundesbank vault in Frankfurt.

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

Thursday, 03 January 2013 00:00 | Written by Patrick A. Heller |

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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.

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

Wednesday, 19 December 2012 00:00 | Written by Patrick A. Heller |

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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 federal budget deficit on the more accurate accrual basis of accounting will be at least $5 trillion. That will be about one-third of US Gross Domestic Product, a level that cannot be sustained.

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