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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: The $ is trading below 80

The $ is trading below 80

posted on May 29, 2009 03:42AM

79.7 and the chart looks terrible! Hold onto your hats! ...and your ECU!!

Gold and silver both strong in overnight trading, the UD $ down and there is more and more global talk of replacing the US 4 as reserve currency. Add that to more and more talk of corrupt New York bankers having bought off or bullied congress into the insane "bailout" that has just exploded the $ supply and devalued every $ based investment on the globe and things aren't looking too good right now for those of residing in the US.

We may soon see the talk of the insurance value of physical in hand turn into a real life demonstration. Could gold/silver bugs be the focus of the next reality show? Just kidding, but it does concerm me that we could all be paying a heavy price for the corruption in new york and dc.

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