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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: Just the Usual?
5
Apr 18, 2011 09:58AM

It sure looks like there is something nasty planned during the G20 meeting to slam the commodities. Rather than address the underlying issues worldwide (money printing, rampant inflation, unstable banking sectors, derivitive speculation, etc.) that are inputs to move commodities higher, the leaders of the largest world economies will agree to manipulate currencies and intervene to trigger selloffs in gold and silver, oil, and anything else they can influence. There is no other explanation that makes sense why some funds appear willing to make massive short bets in the face of rising metals. If they know they will be bailed out when the crooks run the next round of market rigging, then it is a pretty easy play now to go out on a limb. Just remember that the last time they tried this crap in January, it was a short correction that was quickly recovered. You cannot resolve a shortage by flooding a market with paper and temporarily lowering the price for any commodity.

cheers!

mike

3
Apr 18, 2011 10:36AM
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