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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: What was that? - Bond mayhem?
1
Dec 07, 2010 04:00PM
2
Dec 07, 2010 04:12PM

As MajorD pointed out earlier, US long-term bonds are moving down fast and here's the latest on the 10-year per ZeroHedge.

Something's afoot but it's too early to say exactly what's in play as a drop in bonds should be bullish for PMs, except perhaps for a brief tiny window where unusually large (bond) redemptions temporarily and artificially raises the value of the US$, as a larger short-term "float" of Greenbacks is required to accommodate huge transaction values. At any rate these bizarre developments are definitely worth staying glued to the Internet this evening.

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