Tag Archives: Silver

By Michael Pennington © Copyright 2010 Pennco Coins This is the third time I have written about Palladium in the last five weeks. I have done so because Palladium represents such a great opportunity. Palladium has exploded right past the … Continue reading →

By Michael Pennington © Copyright 2010 Pennco Coins The scramble for physical gold and silver is intensifying. People increasingly want to own the real thing, and not some paper substitute, all of which come with counterparty risk. This conclusion is … Continue reading →

By Michael Pennington © Copyright 2010 Pennco Coins Almost 70 respected economists, academics, gold analysts and market commentators (see list below) are of the firm opinion that gold is going to go to at least $2,500 if not as high … Continue reading →

By Michael Pennington © Copyright 2010 Pennco Coins Earlier I was asked what possible scenario could put a sudden end to the secular rise now underway in gold and silver? Specifically, several of these momentum changes would have to occur … Continue reading →

By Michael Pennington © Copyright 2010 Pennco Coins People ask me, “Are you ever bearish on the metals?” I will address a more detailed answer to this below and what factors would cause me to become bearish. But the easy … Continue reading →

By Michael Pennington © Copyright 2010 Pennco Coins Increases to the silver margin requirement in futures contracts should be viewed as the final act of desperation. It is a device to control price within the paper silver arena. However, in … Continue reading →

By Michael Pennington © Copyright 2010 Pennco Coins Dark clouds are looming over Europe’s banks. Remember last summer’s famous stress testing of European banks? This was meant finally to put the lid on the European banking crisis by reassuring the … Continue reading →

By Michael Pennington © Copyright 2010 Pennco Coins I believe silver is now more attractive than it has been in decades. For most of recorded history, the price of gold has been around 16 times the price of silver. This … Continue reading →

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 →

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 →