Monthly Archives: November 2010

Why Gold Is Better Than Cash

By Michael Pennington © Copyright 2010 Pennco Coins The quantity of paper money will continue to grow as the world wrestles with its problems. As every day passes, one’s worst fears of yesterday materialize. Governments, driven by social pressures rather … Continue reading

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When Is The Right Time To Sell?

By Michael Pennington © Copyright 2010 Pennco Coins The question most often asked of gold bulls is, “At what price will you take your profits?” It is a question that betrays a lack of understanding about why anyone should own … Continue reading

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Should You Buy Buy Gold Or Silver Right Now?

By Michael Pennington © Copyright 2010 Pennco Coins That’s a tough question. In general, I think silver still has the most upside potential at this point. But the silver-to-gold ratio – since August – has essentially dropped from about 70-to-1 … Continue reading

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Are Precious Metals Overbought Or Overpriced?

By Michael Pennington © Copyright 2010 Pennco Coins This week is a special for all Americans as we celebrate “Thanksgiving Day” with our families. It is probably my favorite holiday of the year, as we take time off to thank … Continue reading

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2010 Silver Eagle Bullion Coin Sales Leap to Annual Record

By Michael Pennington © Copyright 2010 Pennco Coins As of Thursday, November 4, the United States Mint had sold more American Silver Eagle bullion coins in 2010 than in any other year of the coin’s history. U.S. Mint buyers ordered … Continue reading

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Inflation Arrives As Bernanke Gambles With Our Money

By Michael Pennington © Copyright 2010 Pennco Coins Economists agree… The Fed’s out-of-control printing press guarantees the dollar will soon crash. You have to keep in mind that the Fed is in the business of creating inflation. It’s their goal. … Continue reading

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The Case For Higher Silver Prices

By Michael Pennington © Copyright 2010 Pennco Coins I’m always looking for reasons why gold and silver will be driven higher in this market. Recently, Sprott Asset Management announced they were starting a new Silver ETF. The reason this is … Continue reading

Posted in Buffalo, Bullion, Coin, Dollar, Eagle, Federal Reserve, Gold, Gold to Silver Ratio, Government, Investment, Maple, Mint, Palladium, Peso, Philharmonic, Platinum, Silver, Tax | Tagged , , , , , , , , , , | 1 Comment