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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: Cando dollar today?

Re: Cando dollar today?

posted on Feb 25, 2008 02:20PM
No fundamentals from me but an opinion.
The Looney has upper potential pent up while the Greenback the opposite?
I still say that the looney should, I repeat Should, trade lower compared to the US dollar for another two to three weeks. (US dollar cavitating being the exception.)

Any resistance to that, or even more significant trading above the green back in that period, means that it will rise even more profoundly after March.
Any rumours of canadian economy being on the ropes are much exaggerated.

By the way, a financial institution ( US I presume ) has offered through a general mail out in the area a loan at one percent for one year. I took them on and am applying it to the stock market. How could I refuse.
It means that they must be desperate for positive loans on their books. Could they be at risk for bankruptcy? A sign of things to come?

And charts do not turn me off, it is more that they do not turn me on, for I think I have a better idea of possible trends without them. They are history and there are better indicators of trends than history, imo.

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