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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: Re: Silver has been weak relative to gold...pic

Re: Silver has been weak relative to gold...pic

posted on Nov 03, 2009 11:36AM

I like it when the moon and the market come together!!! The fundamentals for silver have been very strong for quite a while. They really need something to get moving. Maybe the great white face in the sky will do it!!

The CRIMEX showed a large drop in OI on Friday. Today it shows a near record amount of OI increase. Given the strong up move it is most likely that new buyers are comming in on the up (call) side. This will serve to put the Boyz in the position of adding more shorts or letting the price run.

If you look at my 9:18 post of Adrian's material, then add what jim Sinclaire has been saying and the fundamentals, the Boyz may be facing their demize. No one knows what tomorrow brings, but I sure like our odds at the moment.

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