Agoracom: Small Cap Investment - Golden Minerals Company

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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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reg mills

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Day 3 of Gold take down

posted on Jul 08, 2008 05:09AM

ECU is gaining (Volume and SP) support here. It will be fun to watch and enjoy. I'll take ECU's "financial misdoings" over anything the banks have being saying about their balance sheets. I don't consider them to be any worse than any company in this sector. It is to be expected that thing don't always happen as per advertised. That should be part of the DD factor. How much risk? For me little risk.

The pattern for the gold take down is normally steep and plunging at cetian times of the day. That is not happening this time Gold is everywhere and volitile. Now that Gartman has left Gold should begin to recover.

.73 on the Dollar was my ceiling it hit it and pulled back lets see what today brings. If oil goes down without supporting the dollar I doubt it can breach and hold above .73.