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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: Golden (Silver) cross-over

Golden (Silver) cross-over

posted on Jul 02, 2009 08:46AM

Even as the cabal trashed both metals daily, they cannot totally destroy the market. They only destroy the (once) good name and credibility of new york bankers. The charts are showing signs of strength even in the presence of determined ilegal manipulation. What could be more bullish? This was written before the total pounding of gold and silver over night. Lets see if the move to get rid of US $ overcomes the immoral action of the cabal.

The chart and comment are extracted from http://www.gold-eagle.com/editorials_08/degraaf070109.html

Featured is the daily silver chart. The Golden Cross-Over occurred in March and marked the first time the 50D had been in positive alignment to the 200D since August 2008. The 200D is just now beginning to turn up. The supporting indicators are at support levels. A breakout at the blue arrow will end the current pull-back and will turn silver bullish again.

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