Welcome To The Golden Minerals HUB On AGORACOM

Golden Minerals is a junior silver producer with a strong growth profile, listed on both the NYSE Amex and TSX.

Free
Message: Re: Interview with Maguire..Lufkin
18
Mar 30, 2010 08:36AM
2
Mar 30, 2010 08:53AM
5
Mar 30, 2010 09:29AM
3
Mar 30, 2010 09:36AM
1
Mar 30, 2010 09:40AM
3
Mar 30, 2010 11:38AM

Re: Interview with Maguire..Lufkin

posted on Mar 30, 2010 01:06PM

the only way to profit from this is to own the physical metal. i have several score-thousands of ozs of the stuff that I can touch and feel. What may happen is the comex silver market will blow up and some other mechanism will emerge to price out silver....if that happens then nothing but owning actual metal that you can touch will work. If that indeed happens the true economics will take over and supply/demand remeasured on global terms will send this thing into orbit.

That's my best guess....it's just the Asian traders that will need to be the ones to pull the trigger and by the sounds of it, they and the Arabs will start buying like crazy. Report out of Saudi this morning that they will surpass China in metal buying.....just hold and wait.....leave enough $$ in hand to sustain living! No one knows how this will play out, it's unprecedented and global, and exciting....

http://arabianmoney.net/2010/03/30/gold-buying-from-arabia-will-likely-outpace-china/

1
Mar 30, 2010 01:58PM

Mar 30, 2010 02:49PM
1
Mar 30, 2010 06:49PM
1
Mar 30, 2010 11:40PM
1
Mar 31, 2010 12:22AM
1
Mar 31, 2010 10:42AM
Share
New Message
Please login to post a reply