gold just poked above the $1200 level

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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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coach247

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gold just poked above the $1200 level

posted on May 06, 2010 02:49PM

I just read a couple of days ago courtesy of Nitwit Nadler that gold was a bubble, and he was giving credit to some Elliott Waver for calling a gold selloff down to as low as $800. Now here we are just 2 days later with gold above $1200. Think Nadler will change his tune? Me neither...

Maybe now ECU is going to get some credit for buying that new mill and increasing the total gold production. I still think silver is going to follow gold higher but for now it may be the gold leverage that builds the revenues for ECU.

cheers!

mike

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