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.

Free
Message: More cross currents

Re: More cross currents

posted on Dec 23, 2009 11:08AM

'

So, the main cross currents for me are [1] continued pressure on interest rates which will move money out of bonds next year, [2] blatent gold and silver "management" in the face of a supporting dollar due to EURO weakness, and the encouraging support being maintained by canadian junior PM stocks [JPMs].

How ironic that the currency markets rule even as they all are in collapse mode....go figure!....pic"

I am starting to see a lot of print regarding the trouble in the EU. LAst night I read an artilce claiming that there is growing problems trying to unite nations that still do not prictice fiscal responsibility, and the stronger economies eg. Germany.

I am starting to understand your comment about currency markets ruling even as the collapse. It would seem that the really big money (fiat) interests know that they can only rake in profits in the fradulent paper markets; basically derivatives and paper markets. Even though precious metals will preserve wealth and endure through currency collapse, they still want to ring the last penny, phening, yen, ruble etc. out of the ponzi scheme while taking a small % of their plunder and acquire metal.

Their paper "wealth" dwarfs the entire pm market, so they can play their schemes out untill the paper markets collapse and still come out ahead.

Share
New Message
Please login to post a reply