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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: More On SLV Shorts Jim Sinclair chimes in
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vhf
Jun 24, 2008 09:02AM

Jun 24, 2008 12:40PM

Re: More On SLV Shorts Jim Sinclair chimes in

in response to by
posted on Jun 24, 2008 06:56PM

Dear Friends,

This is the Jim Puplava's webcast presentation titled “The Crime of the Century.” Please click the link below to download the presentation in MP3 format.

http://netcastdaily.com/broadcast/fs... (Approximately 17.7mb)

You know that I do not read other blog sites so if I go off the mark you will have only one person to blame - me. Here is an exception, thanks to the CIGAs that demanded I listen. It was good advice.

I suggest you make the time to do the same.

Chart painting is a major tool being used now against you. I am not suggesting TA be ignored. I am, as always, suggesting that if you know the plot, you will know when you have to weigh in on the fundamentals to balance your thinking.

Many juniors are worth more dead than alive. That means you could market the pieces for more than the cap value.

The shorts seem to now be driven more by ego and power trips than brains. Brains would give them the ability to know when enough is enough, if only from a functional profit standpoint.

If a junior is shorted in a situation where it would take 3 months to cover at 50% of the legal short on an average daily volume and that company could be sold in pieces for more than the quoted value, TA might be rendered less important in the equation with fundamentals becoming more significant.

The short depends on your FEAR of the UNKOWN. Call your company and be in the know. If you prefer, try Mike Martin at 1-800-426-3987. He worked for me for years as a metals equity analyst. I have great respect for the depth of his knowledge.

Unlike a manufacturing company you can only put a junior on hold, you cannot break one. The reason is that they have no debt. All you can accomplish is make them sit on an appreciating asset which might actually be to doing them a great favor.

The game has now exceeded the parameters of reason as the shorts seem to be power tripping, having lost their grip by ignoring common commercial sense. Don't lose your grip by letting them paint a TA condition at a level at which TA is only a modest part of the total equation. I am assuming you are all not on margin.

Respectfully yours,
Jim

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