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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: Litmus test

Litmus test

posted on Oct 08, 2009 12:23PM

I mentioned this morning that given the huge effort put out by the cabal to hammer down the price of gold and silver, that today would serve as a litmus test.

Given the mid day action, the cabal is drowning in a vat of acid! They had their moment and now we see that buyers and/or shorts covering, have defeated them in the first few hours of trading. A close near the current prices or above is tremendously bullish for the metals and the miners.

Also in the stocks I track, they never fell below yesterday's close when the cabal had the metals showing a loss. ECU did not print one negative trade! Good for the metals & great for ECU and the rest of the miners!

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