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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: Would lke your opinions
10
Dec 29, 2010 08:46AM
8
Dec 29, 2010 09:03AM

Hi Scruffy,

I see only two distinct scenarios and suggest you have all the info. to answer this question yourself, just by being in PM shares.

First, let's assume the FIAT crashes to just a fraction of how it is valued today. Ask yourself this; What will cause this to happen, and how will we manage going forward? If you believe in the value of gold and silver then you have the right insurance.

Everything will cost more, including your PM shares, by many multiples of where they trade today. Just make sure you physically have your share certificates.

Second, let's assume the FIAT crashes to worthlessness; what will fill the void and satisfy man's "need for greed"? If you believe Gold and Silver, you own a percentage of each entity you have shares in. As long as the entity can keep operating, you will have value, and will be able to barter if need be. Just make sure you physically have your share certificates.

There will be a period of disruption, even with the PM shares, but you need to hold on through this period, and also, you will need to be able to satisfy your basic needs, i.e. Food, Water, Safety etc.

Will the stock market take the pm shares with it?

I believe it will, but I also believe there is more value in pm shares than just the FIAT value.

Good Luck to all!

6
Dec 29, 2010 09:45AM
12
Dec 29, 2010 10:21AM
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