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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: Heavy breathing.....

Heavy breathing.....

posted on Apr 10, 2008 08:46AM

Methinks the boys are quickly losing control of the sandbox....no matter what the spin of the day; no matter how much new liquidity is injected; no matter what the increase t the "hidden" M3 money supply; no matter how much the inflation stats are "muffled"; no matter how many ETFs are out there; no matter how much the ignored, fundamental supply/demand factors scream out; no matter what the BS.

We wake up to see front page pictures of 30 elite Chinese "paramilitary police" protecting the Olympic flame and bouncing the British Bobbies aside in London. Next, they are up front over the SanFancisco police in San Francisco. We read the headlines this week that China has upped the anti on BHP and today:

Ivanhoe sells stake in Jinshan to China National

Thu Apr 10, 2008 8:46am EDT

OTTAWA, April 10 (Reuters) - Ivanhoe Mines Ltd (IVN.TO: Quote, Profile, Research) said on Thursday it will sell its 42 percent controlling stake in Jinshan Gold Mines Inc (JIN.TO: Quote, Profile, Research) to gold mining conglomerate China National Gold Group Corp."

In the background we note that Chinese entities are quietly buying into many resource projects, even some "under-the radar" US gold/silver mining projects on the Pink sheets (go figure).

It is only my opinion but it looks like the gloves will come off post Olympics and at this time the pre-game warm up just about done. China is breathing down the backs of the resource sector all over the resource-competitive world....and the competition is becoming incredible. In my most humble opinion, no matter the tawdry, desperate games we PM junior investors are suffering through, the heavy footsteps behind the paper price manipulators will soon trample over them....as in the hedge funds, bullion banks, western central banks, investment banks, complicit gold producers, the IMF Gold Field Mineral services, complicit ETFs, the Fed, Cartel.... and all will get blind-sided by the sheer physical demand for the real thing.

On the sidelines Mongolia is considering greater control over it's mammoth resources. Chavez trumpets taking control over darn near everything. Aurelien, the biggest gold find in years, is on the fence in Ecuador. Australia tells the Chinese to lay off BHP and that it will be drasticlly increasing ore prices. Today, the Canadian Gov. has stopped the sale of McDonald Dettweiler to a U.S. firm....and these are but a few examples of many.

The inflationary alarm bells are gonging all over the dam planet and the US is in denial.

And guess what...fabulous PM resource projects which are really in-ground gold/silver vaults,("deep storage" as in the U.S. vaulted gold) such as ECU, are being squashed by "invisible clodhoppng feet". Do you suspect they hear the heavy, ominous breathing closing in on their rear flank?

The rules of the PM games are changing and have been for ten years. The starting pistol is now in hand for the real games to begin. When? Your guess is as good as mine, but I' guessing soon after the Olympics.

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