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Golden Minerals is a junior silver producer with a strong growth profile, listed on both the NYSE Amex and TSX.
Message: from vhf
In one of the larger displays of desperation, the FED tapped repos today for $41 billion. And yet the DOW is still down by triple digits! Perhaps the FED is using the repos to replenish the gold reserve in Fort Knox?
In contrast, the HUI is having a big day and is approaching the psychologically key 500 level while gold is approaching four digits. Silver is moving at a faster rate but has a lot of catching up to do to reach all-time highs. Even our good friend crude is up over $3. Actually, the CRB index is up over 8 pts. today, as reflected in the chart below. I am sure most PM investors by now can sense that times are a changin.
Regards - VHF
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