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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: O.T. Re: Gold testing support...

I know Pic will be along shortly to answer that but I was just going over Martin Armstrong's info via Jim Sinclair and he is calling for a rtest of support on April 19th. I belie the support he is referring to is the $884 level at the end of 2008.

So, today will be interesting since gold has already hit about $865, almost $20 below Martin's estimate of $884.

What I am wondering is, if we have seen an overshoot to the downside, that we might get a faster and more pronounced move to the upside? Armstrong has April 19th as the low, but no one expects anyone to call it to the day, so today could be the day ...or mabe we wll trade sideways until mid month and then attack the $1000 level for the third time. He thinks that once gold breaks through $1033 (the March 17th/08 high) gold will move to a new high about September, to then retest its support.

Martin inidicates the next technical barrier is between $1100 and $1200. Once gold breaks through that there will be a "phase transiton" moving gold up to between $2500 to the extreme of $5000.

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