Re: All things considered
in response to
by
posted on
Mar 29, 2013 01:56AM
Golden Minerals is a junior silver producer with a strong growth profile, listed on both the NYSE Amex and TSX.
Good thing I checked the link at that removed post http://harveyorgan.blogspot.ca
Notice has been served today to deliver another 500,000 oz of ole yeller out of the hands of CRIMEX(!) "HUGE" news indeed as the drain of physical gold continues the recent bloodletting of CRIMEX inventories. Uncle Jim's right on that mark - the CA$H market rules bigtime and the CRIMEX paper price in no way promotes the growing underlying real and increasing value in the POG in hand. Think about the implications of a massive nearly one third withdrawal of physical over the course of 3 months. Looks like the smart money is taking action ahead of the crowd. Follow Sinclair's advice - the smart money and not the sleeping herd.At the current rate of outflow suspect won't be long before capital controls are imposed on outflows of PMs ala Cyrprus (ie limited withdrawals permitted.)