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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: CRB Index

CRB Index

posted on Nov 20, 2008 02:29PM

As noted in the chart below, it took 41/2 years for the CRB Index to rise from 252 to 478. However, thanks to NYCOMEX intervention, it has only taken 4 months for the CRB Index to fall from 478 to 252. Therefore, it would be in the interest of all global commodity producers to see the demise of the NYCOMEX. I am sure the elite amongst the producers have already figured out that the weakest link on the suspect NYCOMEX is silver.

The central banks may be attempting so cloak their massive monetary supply policies with falling price inflation but at best they will have bought some time only.

Regards - VHF

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click to enlarge: http://tinyurl.com/6gdyep

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