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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: Why do we think we are in a funk (ECU, PM’s in general etc)?

"I would normally agree with that wide brush you used, unfortunately the PM market is only the size of a gnat on an elephant's butt."

Comment:

You, I, and everyone else are part of the marketplace, and it is our reluctance to invest in the PM sector that restricts the size to that of a gnat.

Suggest if there was more confidence from the market, as there was in the early 1980's, this sector would be about 5% of the total marketplace investment (much bigger than a gnat - how about a predator?).

What do you think that would do to those "shorters", and how do you think the Cartel would manage that size of involvement?

Until confidence returns to the PM's (and it will, make no mistake - see below), those that can take advantage, will.

When will the confidence return? As the price of gold and silver steadily climb, the bottom line of the producers will grow. That alone will encourage more involvement, especially as the rest of the sectors start to show reduced returns or losses.

We are not there yet, and TPTB have shown great ingenuity in keeping the marketplace reluctant to get onside with PM's.

However, greed is greed, and when producers become flush with profits, and others show diminishing returns, hold on tight.

If the price of the shares are not attractive enough to entice even those that believe in this company, suggest the whole interest in PM's may be mis-placed and that, I cannot buy (By the way, did my bit on Friday. Purchased almost 10% of the shares traded in ECU. Personal volume is getting more than I wanted, but couldn't ignore these low prices, and wanted to put "FIAT" to better use).

Suggest if you have faith in this sector, go all in, especially now while prices are low.

Build up the volume and put those so-called manipulators under pressure.

Good Luck to all!

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