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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: Pressure valve blew.

Pressure valve blew.

posted on Jul 09, 2009 12:01PM

As per all the excellent posts last night and this morning I must admit to feeling a bit sheepish for my rant. The old pressure valve finally blew but it has now been refurbished and is "warranteed" for at least a year. Capitulation is not an option for me.

Jim Sinclair has been tireless in most generously providing invaluable information and insights to all who wish to avail themselves of it. It is truly a luxury that is being provided at no cost... amazing, actually. I am in awe of his work ethic, knowledge, principles, courage and dedication over many years of selflessly providing superior education and inspiration...asking nothing in return save for the small investment of the audience to understand that which he relates. I meant no disrespect towards Jim or any other advocates of the truth and the freedom that gold represents for all societies and peoples. It is unfair to expect anyone to time these markets since there is no such thing as free trading markets now. Also, everyone has different time horizons and sometimes expectations are unwisely driven by emotions.

I echo the sentiments of many of you and identify with the collective frustration we are experiencing. We have all suffered losses over the past few years thanks to the powerfully corrupt, greedy and malicious plundering of men less worthy than most. Most of us have been, or are, astonished at the length of time these vermin have been able to extend their campaigns. Nature will always win and water will always seek its gravity-driven level...no matter how big the dam. Life is short an dit is now painfull obvious to me that the markets can remain irrational longer than many can remain solvent.

We are all in no man's land here and anyone's guess as to the short term directions of the markets is as good as the next one's. Fundamantals and technicals can only be folded, spindled and mutilated for so long. However, it now appears that the fireworks are destined for the last quarter of this year ... when a consensus is taken. just a guess, mind you.

Have a good day everyone.

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