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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: Re: This thing with silver..Pic

Sep 09, 2008 10:18AM

Re: This thing with silver..Pic

posted on Sep 09, 2008 11:10AM

"When this monster can no longer be pushed down, we will see a move in silver the first day of $2-4...and that would be UP!"

I totally agree....have you looked at the Gold:Silver ratio chart lately?....the ratio is at 68 to 1 as of today and has rocketed skyward pulling away from the 50 and 200 day moving average. With the historical ratio being somewhere in the vicinity of 16 to 1, silver has alot of ground to make up which translates into multiples from where we sit today. The 50 and 200dma will be drawing that ratio back down like a magnets attraction to iron, very soon I'm sure, IMO.

KTF,

BD1


Sep 09, 2008 02:32PM
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