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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: Dollar back under 76.00

Dollar back under 76.00

posted on Oct 29, 2009 11:49AM

If that is all they had I think we are headed much higher.

The open interest numbers from Ed Steer are amazing. The cartel didn't/couldn't cover it's short positions.....that sets them up for a short squeeze. Of massive proportions.

As we all know the gold and silver markets have been trading differently the last two months. There is a player or players who are taking on the cartel. My guess is the Chinese but whoever it is, they will push their advantage and nail the shorts....

I would say this is no time to be out of position for the PM shares.

OK ECU...lets announce a drill program, get the GOG situation sorted out and ride this tsunami wave....where is sharkey when you need him?

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