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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: Head for the hills...

Head for the hills...

posted on Jan 21, 2008 09:58AM
... the sky is falling, lol.
Nice goin Ecu2damuun, take advantage of any weakness that you can.
I have exhausted my ready cash months ago so am switching from the steady ones into the more responsive ones. Will take my quick profits and pile them back into the steady ones. The steady ones I call those that have the goods but traditionally do not change much with the variations in the PM prices.

I just had a call from an aged uncle of mine. He used to be a wheeler dealer in real estate on a small scale but to his credit he still keeps a eye out for the markets etc.
However being well in the 80s in years he seems to be a bit behind in the times, no surprise.
He called and said that he heard in the news that all the commodities are crashing in price so he advises me to sell everything and hunker down for the inevitable depression.
I replied that it was no news to me ( I was saying similar things to him over a year ago ) and not everything will crash, gold and silver the real money, have, do and will continue to appreciate in value. Anything directly connected and holding these metals will also appreciate but with a bit of a delay.

What I am saying is that folks like my uncle, when they start to become cognisant of the situation, Joe Sixpack is not far behind. Once the general public gets the message is when the panic will set in and there will be great times for our PM stocks.

Until that time weather the storm of the "falling sky" from all who would have you sell.
Cheerio, Ed G.
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