NY COMEX Showdown

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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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NY COMEX Showdown

posted on Aug 25, 2010 09:21AM

It appears some entity is putting the screws to the NY COMEX. Generally, both gold and silver would be gasping for air at this juncture in the month but not in August 2010. This just might be a monumental month for all gold and silver investors as the NY cartel may be losing their ability to suppress. Whether this action breaks them permanently or just temporarily forces them to move their defensive lines further towards their corrupt HQ remains to be seen. We will have a better idea by the end of this week as the bullion banks will react - effectively or not.