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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: Silver/Gold Ratio screaming today

Re: Silver/Gold Ratio screaming today...the flip side

posted on Mar 29, 2010 06:53PM

Pic wrote:

A final senario is a short decline in all PM stuff until after Easter.....what think ye?....pic

This is easy. The financial system hasn't collapsed yet, therefore, the thugs are still in control. Nothing has changed; same song, different day.

So of course there will be a decline in PM stuff. Yes, ECU will continue to slide down that downtrend line as the price oscillates around it. It's just too obvious AND EXTREMELY convenient to use this TA downtrend line to hide behind as the reason for the continued decline - it's not manipulation, it's just TA at work. Sure, right, uh huh.

Terry

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