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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: J.P. Morgan Panics
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vhf
Aug 04, 2011 09:31AM
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Aug 04, 2011 10:18AM
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Aug 04, 2011 10:30AM
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Aug 04, 2011 11:00AM

The current inverse and artificial relationship between mining stocks and physical metals will likely increase as NY becomes more desperate. After all, how many shill analysts, most of whom are on FED payrolls, have trumpeted that this big rise in gold is unsustainable since mining stocks have not confirmed the rise by also breaking out to new highs? Almost everyday this BS statement is made by some flunky to scare off potential investors in gold and silver.

The average Joe has been FED this warning for months, if not years, and many are reluctant to move into precious metals until mining stocks confirm. So you see, NY may not be able to allow mining stock confirmation because they are having enough trouble as it is corralling gold and silver prices. Unfortunately, miner naked shorts do not have the Achilles Heel of physical metal sales to keep them at bay. This is supposed to be the job of the OSC and SEC regulators but we all know how contemptible they are.

One day the miners will catch up big time but it may not be until NY is completely on the ropes due to physical silver depletion. This could be weeks, months, or even years away.

The present market conditions were summed up perfectly by Bill Cara today...

"The ball has been sent into Bernanke’s court. How low will his handlers want the market prices to sink before he announces the next QE? And, which of his friends will get to front-run that trade before the rest of us figure out what’s been decided?"

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Aug 04, 2011 01:00PM
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Aug 04, 2011 03:01PM
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Aug 04, 2011 03:58PM
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