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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: OT: The dominos are falling.Part 2

OT: The dominos are falling.Part 2

posted on Jan 04, 2008 11:07AM
Is this a begining of a stampede?
Big corporations still outsourcing
Big three auto jobs ( manufacturing) losses
Tech bubble 2000-2003
Housing bubble 2004
House construction bust in 2005-2006
Subprime mortgages in 2006-2007
Collateralized debt obligations in August 2007 and as result all financial institutions are shaky.
US T-Bills not desired.
Oil price this winter?
Red blood will flow through all kinds of financial institutions in 2008 as the bad debts are written off and profits plunge.
Government using public purse to pay for bad/fradulent decisions of financial institutions.
More lost jobs in 2008?
Dollar to 65, gold to 1000$US in 2008?.
Gold and silver bullion rising first mainly on foreign buying to be followed by gold and remainder of PM stocks ( majors first, followed by demonstrated explorers) but in end silver and silver stocks to appreciate the most because of historic undervaluation and recent shortages.

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