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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: Monday narkets

Re: Monday narkets

posted on Mar 23, 2009 08:04AM

Mornin Pic

The recent strength of the Can Loony has done a lot for my portfolio. There seems to be a gradual strengthening in the loony. Kind of a return to consciousness or sanity.

Silver is behaving more and more as if the market shortages may start to affect the price. Given that there is less available silver than gold, the price is ridiculously cheap.

I doubt the US govt will lift a finger to clean up the corruption in the markets. But in the long run, the market itself will move silver so that its price in fiat more closely reflects the relative values. Of course in the long run we are all dead.

Silver remains positive versus gold at slightly negative.

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