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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: Nice bullish HUI reversal

Re: How can the dollar stay strong???...more

posted on May 14, 2009 05:41PM

Hi pic. I believe that the reason that the $ and gold moved much the same over the last 100 years is the perceived safe haven status of the $. Given that the clowns in new york and DC are doing their best to destroy the $ it is easy to see gold breaking away from the $ connection.

I am having a difficult time imagining what the US would be like with a strongly devalued $. It just doesn't look pretty. PMs are so thinly distributed that even if they bail out their holders, that will be a miniscule % of the population.

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