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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: Sinclair / Adams Update

Regardless of the EGM model which says we are about to enter into a Gold-friendly cycle, I am *not* a buyer of any Gold or Silver shares at this time. I am waiting for key Daily Gold indicators to turn decidedly positive before anteing up which may require a couple more weeks of work. The essence of Sinclair's wise counsel - wait until positive momentum is established and then go for the meaty middle. Don't fight the big money or attempt to pick tops and bottoms. The weekly chart is neutral to slightly negative at this point and is probing levels that have historically manufactured market bottoms. Not least of all and almost without exception, Gold tends to bottom in October.

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