I see all gold bulls stiffened by fear of an immediate market collapse, but when I look at the gold chart it looks rather bullish to me. Gold closed the week above $ 1680 and silver above $ 32 and considering the tremendous demand from India and China right now, this all seems bullish to me.

Anything can happen right here, but so far it looks the mining shares are in a V-shaped recovery and Golden Minerals is recovering as fast as it was sent down.