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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: Stiglitz on Geithner's plans - perverse incentives

These calls for new reserve currency system is growing and will not go away until it happens, of that I am sure no matter how long it takes.

The Geithner/Obabma bank toxic waste give away to private money now requires more of the very thing that already was at the bottom of the problem, LEVERAGE. The path chosen will not work and create bigger problems longer term but that is in the future. In the meantime providing cheap money through zero interest rates, printing money from thin air, governement spending programs dressed up as stimulus spending, very open FED window for toxic assets and market interventions will likely drive markets higher with numerous bear market rallies over the next 2-3 years, even inflation will help boost values. All before Humpty Dumpty falls for good and can't be put back together again. Besides who wants what is or was as they were la la land fairy tales.

There will be times it feels like a new bull market and many talking heads will state it's started and they will be as wrong as they have been. More new money, debt growth, more leverage and loose government spending will create the big problem in but a few short years which will make the present problems seem good by comparison. Gold/silver will thrive in this government induced blackhole and new political leadership bringing real change will arise not the pretenders and posers we see today.

It will not be the end of the world as we know it but another beginning long overdue where sound money, serious fiscal policy and good monetary practises mean something, I hope.





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