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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: Big T-Bond Auction Today

Big T-Bond Auction Today

posted on Jul 07, 2009 09:58AM

The U.S. Treasury is set to auction off $35 billion in 3 year notes today at 1:00 pm. Of course this is critical so competitive gold and silver must be silenced beforehand, as we are currently witnessing. It appears they are also temporarily sacrificing equities in the same attempt to channel as much capital as possible into the treasury bond blackhole. Since they have recently rigged the rules for reporting central bank participation in bond auctions, expect today's auction to also be "officially" successful. If they use the same plan, the DOW should rise shortly after the bond auction has been terminated.

Just another manipulative day - VHF

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