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.

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Message: Welcome to the zoo

Welcome to the zoo

posted on Sep 23, 2009 04:26PM

That's the COMEX zoo of course, the option expiry for the AU & AG option for the Oct. contract is tomorrow. The ¨good guys¨ are going after the 4900 contracts with a $1,000 strike. The open interest for the closest $5 strike (up or down from $1,000) are not very important except for $990 where open interest stands at 1,115 which is also a juicy number, so don`t get surprise if they try to get the price below that figure tomorrow. The collapse of the HUI today is another good indication of what they plan to do. This game is so obvious even Paris Hilton could figure it out.

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