Saturday, May 8, 2010

US gold coin sales surge

As I've often posited: better early than late. No crystal ball predictions here, as we may be entering a temporary overbought situation, but treat precious metals as insurance against a financial crisis, not a money-making venture. And given the past and current debt problems domestically and offshore, the odds of a crisis have increased substantially. Good luck to all.

http://www.reuters.com/article/idUSN0762739220100507


See disclaimers on side bar.

Disclosure: long physical precious metals, long precious metals mining shares.

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