Ecu Will Surprise Many
posted on
Dec 09, 2008 07:58PM
Golden Minerals is a junior silver producer with a strong growth profile, listed on both the NYSE Amex and TSX.
At times you question your investment.......you begin to wonder if this sector is ever going to survive all the naked shorting and mass manipulation that is taking place. But then you have to ask yourself? Where are the rich investing their money. If this whole crisis is affecting the average investor what about those that have leverage with millions invested. The banks are not protecting your captial , nor is realestate market, bonds, or Foreign investment! It still hasn't hit the public and the average investor that gold is the only place that your will protect your capital. People tend to invest and react based on what the media is talking about..........however at that point it is already to late. those that read and do their due deligence know that this was coming and that we would see the best of the best fall and file for bankruptcy.
Economics is economics don't borrow more then you can, don't spend more then you make and always remember supply/demand rule. The more money being printed the less value it will attain. The less land available to more it will cost you per sqft. The less gold and silver availble for the public the more demand that it will bring. If you pull your self back 2 years ago it was not unhead that scotia bank has no silver, nor bullion. But now fastfoward 2 years later its getting harder and harder to supply all those who demand the yellow metal.
Ecu is a company that is having a fire sale with its shares, many are forgetting what ECU has as a deposit and are getting distracted with the day to day movements and media reactions. What they are miss understanding is that one day it will get a bid by one of the rich (large caps) companies and will provide full valuation for all its gold/silver. I have been a shareholder for 5 years i still hold my whole position.......it has seen the high and it has seen the low but i know that it will see levels that many are not even thinking of as the whole sector is underestimated. I expect a rally in the new year to spark interest in the whole precious metal sector. Ecu doesn't have to bank on hope, or possibilities it has a deposit and that deposit is amazingly increasing every year. The future hasn't been brighter and soon you will begin to see that reflection is the shareprice!
keep believing and soon you will see that dreams do come true!
good luck to all
sharky