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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: Norcini commentary
6
Feb 28, 2012 07:01PM
1
Feb 28, 2012 08:07PM
5
Mar 01, 2012 01:30AM

Thanks for your reply Zipper, my post was kind of overwhelmed by events. I was travelling most of the day and so only got the high points waiting in coffeeshops at airports. I felt when I first saw this happening that this was the same ol same ol, and now that I have been able to catch up, I think not. Over the past week paper shorts in AG increased something like 300 million ozs., and if you look at the one minute charts, even after these huge dumps the buyers lined up! I think these folks are running out of ammo. Did anyone seriously think that after getting stuffed on Friday that JPM et al would fold their tent up and go home? Geez, last May they sold much less to get the market to tank for months! They were totally stuffed and if they didn't do this they would have lost credibility as the preeminent market manipulator of the universe. This baby will come back quickly, either that or they will have to sell another 200 million oz tomorrow and the next day and the next to keep it down, cause there is some BIG money on the other side of those sleazers, and more backing that up every day. And on top of that more and more respected folks are acknowledging the blatant manipulation, which is eroding the credibilty of the COMEX, and will drive the spec market to Asia and the US will become (is becoming!) a laughing stock third world economic power. If things stay down tomorrow I will be in buying with both fists, and I know that many here will be (and were).

When this is all over we should each buy ourselves a set of titanium balls, because this truely will separate the men from the boys (no offence meant to the fairer sex amongst our brave little group here, just a metaphor, LOL)! We will be able to afford them. (Not a metaphor!)

Good luck everybody!

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