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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: Got salt?

Got salt?

posted on Apr 29, 2009 05:18AM

Get out a grain.

I had a model for gold pricing that worked well from 2,000 on. It had back tested well with data from the mid 80's to the turn of the century. I leased the model to a group of private investors who were pleased with the result and only paid if a trailig exponential average showed positive result quarter to quarter.

In late 07 it started to lose accuracy and I warned the group. It completly blew up by early 08. That's the background for the model.

That failed model is starting to show that gold is close to an eratic but significant move up. Close means within the quarter. Now take the grain of salt.

I only pass this on for its curiosity value. Disclaim, do due dill, yada yada yada.

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