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Welcome To The Golden Minerals HUB On AGORACOM

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: Mark Lundeen

Mark Lundeen

posted on Nov 13, 2008 07:27AM

Lundeen makes the comment:

This is exactly what happened in the 1930s. Rock solid positions turned into quicksand. So where is safety to be found? In the 1930s the only stock group that ultimately prospered was the gold mining shares. As in 2008, gold mining shares fell with the rest of the market, at first. But in the Great Depression, as the crisis deepened; Homestake Mining and Alaska Juneau Gold reversed and took off to become very profitable to their shareholders.

So I'm gonna get used to the idea that we will go down with everything else, no matter what, until the reversal takes place.

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