A hastily written prediction.
posted on
Nov 21, 2011 12:41PM
Golden Minerals is a junior silver producer with a strong growth profile, listed on both the NYSE Amex and TSX.
My simplistic guess on the near future. Buy now...or at least before Nov. 30th.
The set up is beautiful and right on schedule. The global market managers have been bombarding the markets with bad news for months with dire predictions and almost hourly blasts of negativity (which is actually the exaggerated truth) directed through their ‘media-opolies’.
We have the imminent ‘sub committee’ failure, China’s inflation and lower growth/commodity warnings, PM denunciations, global currency and derivatives gyrations, US and European political deadlock, Goldman Sach’s contrarian indicators, plummeting stock markets, dire warnings of reduced commodity demand ( post MFGlobal), Canadian dollar down, trumped up pumping of gov. bonds, too much debt, global recession on deck, MF Global (commodity) client theft now at $1.2 Billion, ex-Goldman Sachs boys in charge in almost every western central bank country, $US soaring on the US mountain of debt, end of Euro warnings, spreading contagion, …blah, blah, blah.
Every month for years we have been informed of massive silver and gold short, hugely suppressed Juniors, monthly engineered COMEX/JPMorgan, pre-options expiry takedowns in the paper price of both…when today they should be exploding… JP Morgan being close to a silver default with blatant, suspicious movements in the custodian and bullion holdings…that get more unwieldy and offside incrementally; suspicions of massive fraud,…even Germany in on the gold price suppression….blah, blah ,blah.
But wait, what is this today? US existing home sales up? Golden! Hint!
To make a very long story short, the stage is set for the biggest paper money blizzard in history of man. Equities will go nuts and all will be wonderful…for a few months anyway. Maybe TPTB hope to camouflage the forthcoming, steep rise in gold and silver (and PM stocks) within the general market euphoria on deck. What else can they do? Hyperinflation is on the runway for 2012.
Buy your AUM, PM stocks, gold, silver and their legitimate funds….this week. Oh yeah, commodities like oil, copper, aggies, iron, etc…..soon.