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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: Maybe more pain before the gain - hang in there baby

Nice post, Geofrac.

I have a comment on the following you posted:

"This following Adam Hamilton article seems to state he is cash ready for QE2 to end in June and he believes that the markets will start to react by selling by mid June creating opportunities for a last buy, including junior PM's, before the next big rise. This timing seems to coincide with Martin Armstrongs predictions of the metals to be soft until June or so."

The above predictions of markets starting to react by selling by mid June are almost always wrong. Everyone can see the end of QE2, so if there will be a sell off, it will begin well before mid-June, my guess is mid-May, although I'm not predicting a sell off - I've been waiting for a major correction since last August in the broader market, and it hasn't come close to materializing, so I'm not good at predicting such things, and have no idea where we're headed and when. But most others are similarly handicapped, when trying to pick a turn in the market.

When what Adam is predicting does come, I'm just hoping he's right about the junior PM sector.

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Apr 28, 2011 12:16PM
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