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: Just peeked at ECU...markets rockin' today

Re: .markets rockin' today...$CANDO...EDG...

posted on May 21, 2009 06:01PM

Not much unlike The cartel with gold and whom ever with ECU, Canadian government with a Goldman Sachs alumnus at the head of BofC will try their darnest to keep the C$ below par and perhaps below 0.90US$.
The last time C$ was above, BofC was cought off guard but they did their suppresion all the same.
Much like the above mentioned parties, in time they are doomed to fail. There are no laws set in stone that things will be one way or the other.
I am in Ontario so I should want C$ at 0.80US or less but I am most involved is PM stocks so that trumps low C$ by a wide margin.
I am just pointing out that a reader be cognisant of not only a possibility but probability of C$ manipulation to the low side following the US$.

Share
New Message
Please login to post a reply