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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: Toxic leverage

Just like 2008, the get rich quick with other peoples money fund managers are selling commodities to cover their losses in leveraged stocks and bonds. The Nikkei probably lost a trillion dollars yesterday and all the leveraged longs had margin calls. The question is how long and how large will the drop be? At this point I do not know as at this time Japan may become a waste land. In 2008 when silver became $9, I knew it was a screaming buy. In 2003 when silver was $4.50 it was a no brainer. Using basic math, silver will now be a winner at $18. At the time of this post, the Nikkei is up 3.5%

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