Confluence
posted on
May 22, 2009 01:55PM
Golden Minerals is a junior silver producer with a strong growth profile, listed on both the NYSE Amex and TSX.
Great posts in the last few days that I always look forward to reading. This has to be the best BB on the net.
As for me, someone mentioned earlier that I have been around for a while. Yes, I held ECU when it was William Resources. I remember Bill Murphy's visit to the mine way back in about 1999?.. and his post at that time in the early days of ECU...before Michael. I wistfully remember the stock being 1 cent and thinking I should grab a mllion shares but did not. Hindsight. Its been a tough ten years folks. The good news is now here and we have finally arrived ... and I submit that those who have seen the light and purchased ECU along the way...even at $3 will never regret it from this point forward. I look forward to reaping some very hard earned rewards and sharing the good times that beckon here for all of you.
It has become progerssively more challenging to post something relevent here since the level of expertise and knowledge has graduated far beyond mine...so bear with me as I now post what is second hand knowledge for so many here...and surely sophmoric and redundant to some. However, I feel today is a special day for all of us and I just had to pop in.
The major confluence this week was the $US, US long Bonds and the US equities all going south simultaneously...while gold and silver went north. This has not happened before that I know of. The manipulators are now globally exposed. The bluff can no longer be exercised. The US dollar no longer is a good investment as it only represents promises to pay off insurmountabel debt. California, the 8th largest economy in the world is weeks to bankruptcy. Pension funds are not insurable. Tax revenue is collapsing. Social unrest will follow when this horrible fact is rudely apparent to the American populous. So many negative factors are now colliding that I am concerned for the American people and all that the USA has been. I can only hope you can find your way back to your constitutional roots and democratic birthright. Gold and silver are the only currency safe havens now.
The door is now wide open for tne PMs and JPMs to move...as they have done. The unprecedented oversold condition of the JPMs due to shorting/naked shorting is about to exact a mind altering toll on the perpetrators. We are at the verge of the GOOD JPMS going ballistic starting now and continuing along the third gold upwave mentioned by Sinclair and Armstrong. This, ladies and gentlemen, is not a dress rehearsal. A little more patience may be required ...not much.
The best JPMs to own are those with production, known resource and excellent future exploration upside...which ECU has in spades. This is a very rare and unusual opportunity indeed, most especially considering the very easily accessible, low cost, high grade resources that ECU has. As you all know, Michael is up to the task and far from a dummy, highly motivated and bent on success, then you will know that the upside leverage potential for this project is beyond the pale...as they say.
By mid to end June, many will realize the amazing opportunity that this stock was at 1 cents, 60 cents, 100 cents and up. We are on the threshold of a once-in-a-lifetime bonanza in the PM sector. We will witness many JPMs appreciate anywhere from 100 to 1000 fold. No one can afford to be deer in the headlights as we are all informed as to what is now approaching re the general markets, the economies, inflation, hyperinfaltion and very tough times ahead.
The only real currency of the world will now stand please. The future world currencies will be gold certificate backed. He who owns the gold/silver will be king. Anyone out there who is susceptible to the derisive taunts made on other BBs and on other JPM sites is naive, unread, ignorant of the facts and undeserved of reaping the rewards that lie ahead. A little DD goes a long way.
To all our good, long US shareholders....have a wonderful long week-end.