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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: This October will be historical

Re: This October will be historical...ASKS seem to increase

posted on Sep 30, 2009 03:11PM

Yep, pic, talk about controlled and can't find any jockeys.

These markets remind me of a time back when I was a youngster, there was a group of harness-racing jockeys racing on the country rural circuit in Pennsylvania at the time, I believe, who were arrested for rigging races. Shocking at the time.

While the sucker bettors at the track were reading the racing tout sheets, analyzing the stats, arguing about the merits of the horses, putting down their bets, etc., the jockeys were in the jockey room deciding whose turn it was to win, who would do the blocking, how far back the winner should be before surging, having a few close friends place bets, and so on. They did really well for quite while as you might expect. And then someone blew the whistle.

That situation reminds me of me trying to figure out what the h'll's going on with the PMs. Same stuff, doing my DD while the cartel is probably acting like those jockeys in the jockey room planning whose turn it is to tout the dollar, bomb the PMs, cover their shorts, distort things to the press, create some chart patterns, scam me of my cash, and blah, blah, blah.

What we need is a whistle blower or two and a regulatory system that works. Too bad I can't bet on that outcome.


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