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.

Free
Message: The US $

The US $

posted on Dec 18, 2008 03:24AM

The dollar index is at 77.81 That is down another .75 since its low yesterday. Compare to 88 last week.

The paper hangers will have to work harder and harder to hold back Au and Ag. Not that they won't try, however the short term US treasuries are paying just about 0 and the $ losing 10% per week and that will soon have even the fiat lovers looking for real safety.

All currencies are in crisis and most are printing as fast as their national imaginations wil let them. With some nations defaulting on their bonds and more considering it, where will those individuals and institutions who have some gazilions of currency units turn? One good bilionaire could buy out all the registered silver on the crimex.

This cannot continue without a significant move up in silver and gold. Then all we will need is for the traders at Canaccord to go home with the flu and our little gem will sky rocket! Hold on, it willl be one h#!! of a ride!!!!

Share
New Message
Please login to post a reply