Gold and silver had another disappointing week, with several promising developments turning sour: (1) The Federal Reserve indicated that interest rates would turn up in the first half of 2015, pushing traders out of gold and into the dollar, which continues to rise to 14-month highs; (2) the voters of Scotland rejected the referendum to break away from Great Britain, which would have likely have thrown currency markets into chaos, boosting gold (before the vote, gold demand soared in Scotland, up 91% year-over-year), but demand collapsed after the Scotland vote. Then: (3) Friday’s launch of Alibaba, the biggest Initial Public Offering (IPO) in history helped push stocks to record highs, luring some investors away from gold and into stocks.
I always enjoyed television features on stupid criminals. Most memorable to me was a thief who wore blinking shoes and was caught in a chase because the police could follow the blinking lights in the woods. Another criminal wrote a note to a teller on the back of his deposit slip that had his address on it. The police arrested him at that address later.
This week I noticed a large stupid coin ad in my Sunday newspaper for 1922 Peace silver dollars. The ad featured prominent copy claiming the 1922 Peace silver dollar was the first year of issue.
Tommy Thompson was the toast of treasure hunters and the coin world in October 1988 when he discovered the stunning lost treasure of the SS Central America, a ship that went down in a storm off the South Carolina coast in 1857 with millions of dollars in gold on board. Now Thompson is a man on the lam with U.S. Marshals on his tail.
Meanwhile, salvage operations continue off the coast of South Carolina at wreck site of the SS Central America. Remotely operated vehicle dives, using more modern equipment, have recovered more gold and silver coins. The recovery and sale of more Type I $20 Liberty gold coins from this shipwreck should boost interest in all types of $20 Liberties in the near future.
Two NRA Life Members, Paul and Joe, were the best of hunting buddies and traveled to Colorado for a long planned elk hunting trip. After arriving on their hunting grounds, they set up camp in the beautiful Colorado high country. Then each organized their gear for the morning hunt...
He also was interviewed about the gold market by Fox Business Network in a live broadcast segment from the World's Fair of Money.
Michael Fuljenz, America’s Gold Expert® was honored with four awards in the 23rd annual Excellence in the Media competition conducted by the Press Club of Southeast Texas. The awards were for Fuljenz' consumer education and protection writings about buying and selling rare coins and precious metals.
Mike Fuljenz, recent Beaumont Enterprise Award Winner, discusses gold rising, new Kennedy commemorative coins and states that are sales tax free on precious metal transactions.
Mike Fuljenz discusses the billions that America would save by eliminating the penny and the dollar bill.
America's Gold Expert® Mike Fuljenz, received multiple awards during the annual World's Fair of Money, including one of the profession's most esteemed honors, "The Clemy," for his consumer protection and education work in rare coins and precious metals…
Sandwiched between receiving an award, autographing copies of his book and purchasing gold coins to fulfill his customers' orders, America's Gold Expert® , Michael Fuljenz, recently was a keynote speaker at a special training course for Texas law enforcement personnel on the topic of investigating crimes involving rare coins, bullion and jewelry.
Mike Fuljenz with Rep Lloyd Doggett (D-TX) and Rep Jimmy Hayes (R-LA)
I am urging coin collectors and investors nationwide to promptly contact their Congressional representatives in support of the recently introduced Collectible Coin Protection Act (HR5977).
I was among a half dozen of the country's numismatic leaders who met in Washington, DC on June 28, 2012 with Congressional leaders and staff members to discuss the importance of the proposed legislation to protect the public.
Most Americans take those words for granted today and assume they’ve always been part of our national fabric. Thus, many were surprised when the House of Representatives recently voted to reaffirm that this simple phrase is the official national motto. The story of the motto is an engrossing one, full of fascinating twists and turns…
KFDM-TV Channel 6 in my hometown of Beaumont,Texas recently did a Crime Stoppers story about a Texas dealer who reportedly paid only $16,000 for nearly $250,000 of coins sent to him by an 82-year old California woman. The interviewer asked me for consumer protection advice so other people can avoid encountering this kind of problem.
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A note from the Numismatic Crime Information Center
Mike Fuljenz helps 42 Florida detectives become more knowledgeable about how to handle and investigate numismatic crime.
As you probably know, ICTA is the national trade association that is the “watch dog” for the coin/precious metals community, most especially on the federal level.