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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: Hmmmm......what will the outcome be from....

Hmmmm......what will the outcome be from....

posted on Nov 03, 2008 06:21AM

....the (G-20 nations) gathering of these intrepid leaders who will attempt to forge renewed confidence in a system gone awry? The weeks that are about to unfold ahead of us, could turn out to be quite momentous. The excitement will surely rise along with PM prices and our beloved ECU share price as the focus is put back on the business at hand of rescuing the world economy from the crowning of a new American leader. The snippet below is from a senior market strategist at Euro Pacific Capital.

http://www.kitco.com/ind/Browne/oct3...

"In the third weekend of November, leaders of the G-20 nations will assemble in Washington for urgent economic talks. There may even be calls for a new Breton Woods to discuss a revised world monetary order. Key will be China’s role. It is likely that a major debasement of all currencies will be undertaken to rescue the global economy and with it, the world’s politicians. As this proposal gathers momentum, gold is likely to explode in price.

However, with the possible exception of countries like Switzerland, politicians the world over are likely to create international rules designed to preclude the holders of gold from making “windfall profits.”

Therefore, holders of gold should renew their efforts to ensure their holdings of gold are as isolated as possible from the long, greedy arm of the law."

John Browne
Senior Market Strategist
Euro Pacific Capital

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