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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: The diabolical pattern

Apr 29, 2008 06:40AM
It is during times like these that I go back to what was said about gold and silver not so very long ago. When gold was expected to go to $600 and silver about $10 some were speculating about gold at $1000 and silver at $20, or there about.

Those speculations were to the tune that the lid would blow off and we would be in nirvana. Well we all now know that we reached $1000 gold and $20 silver and the lid did not blow of, if anything it is being kept down as if in a presssure cooker.

True, due to that the pressure is biulding up for a potential explosion but my point is that in spite of the hopefull predictions the big event still has not happened and all the hope in the world has not helped us in predicting as to when The Event will happen. Throughout this time period it was to happen when gold reached $600, 700, 880 and the all psychological 1000.

This past month some said that it may be end of April or first week of May due to a confluence of things. I say deja vu.

It will happen when it happens, do not get your hopes up for a disappointment. The cartel has nine lives and it does not seem to have wasted most of them yet. I am impatient as most of you but I am also a skeptic due to this recent history, so I say it will likely last much longer than the rhetoric of recent days.

Cheers to the patient for you will inherit... eventually.
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