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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
5
Dec 29, 2010 09:16AM

"BUT! If currencies get destroyed in the process, example: CAD loses 70% of it's value, your 10 bagger will turn into a double or a turkey (3x)."

History has proven that this is not true.

When currencies get destroyed, things of value RISE when denominated in that currency.

If the CAD was to lose 70% of its value, then Canadian mining shares would simply be worth three times MORE, NOT three time less as the victim says.

GOLD is worth what it's worth, as are the mining shares.

In Weimar Germany, the markets rose to multiples of millions as the D-mark fell by millions of percent.

Mathematically, that's called an inverse relationship. U should have stayed in school.

lotus petals,

gildage

12
Dec 29, 2010 10:21AM
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