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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: Line in the sand

Line in the sand

posted on May 08, 2009 05:07AM

Gold rose a few minutes ago to $920 and silver rose to $14

Both were instantly hit; gold losing $8 instantly and silver losing "only" .08

The new yourk/dc criminal element is getting schizophrenic. Adrian tells us that GoldscumSucks and JP Moron are building positions in call options for gold and, one would assume, also silver. And yet the need to keep up the strong $ facade as they see the global support for the $ rotting must keep a bunch of the crooks up at night.

We live in a crazy world of totally controlled media and behind the sceens manipulation and control. A very small % get it and take measures to protect themselves. Holdiing physical is the best protection.

Second best is to hold stock in strong mining companies. Problem with stock is that you don't even know if the stock you bought is real or the naked shorted variety. The criminal element has now done away with physical certificates. Yet the possibiility of the leverage a good mining company offers is a strong incentive and doesn't involve storage problems.

These are tough times even for those who's eyes are open.

Stilll holding my shares tight and waiting for karma.

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