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Golden Minerals is a junior silver producer with a strong growth profile, listed on both the NYSE Amex and TSX.

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Message: Re: Gold bulls or gold bears

Apr 23, 2008 11:32AM

further - on the gold and silver charts Bonanza. Please look at the wave rises on his $ gold chart and then compare alongside $silver. There is a mis match. Notice how on the silver chart the price of silver is now over the top of the upper trend line and using it as support.

Also we have the oil issue, crude could be headed for $127.00, silver into higher territory but gold is supposed to be going into another multimonth correction while the XAU shares which have formerly risen with gold are forming a base and Canadian juniors are rising to outperform the XAU? something isnt quite right in this analysis.


Apr 23, 2008 12:29PM
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