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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: This could become a difficult day

This could become a difficult day

posted on Oct 01, 2008 01:31AM

After the ECU ralley yesterday against the sharp fall of the silver price, market conditions in the early trading hours in Europe seem to be more stable today than in the past days with most indexes starting rather flat. Silver re-gains ground (+0.25) which could be a positive basis for the later trading start at the TSX. However, all eyes on the US congress again today as a "positive" sign on the bailout plan from there could give the dollar and the stock markets in general a big pure emotional push. I agree that ECU would need another close in the area of 1.9 today (as other people on this board pointed out yesterday). Let's hope for the best!

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