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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: Criminal and civil probes under way into Morgan silver trading

I fully agree that the market will resolve the injustice and fraud in its own time. This is happening right now in Greece as a matter of fact, and shortly to arrive on our shores too. Unfortunately so far it is the little guy that is paying for the issues that were created by white-collar criminal bankers. All of the market intervention has only succeeded in delaying the reaction, not solving the problems.

I think those that believe JPM will just cover their shorts and cease and desist from further manipulation, due to this 'investigation', are fooling themselves. Nothing is going to change in the short term. The publicity over this however should help to attract more buyers to silver, and at least all of those who called us nuts for suggesting that the market has been rigged for years will now have to think twice.

The regulators will not resolve the silver fraud. Only the contract delivery default and the unwillingness of new dummies to buy paper silver will put that to rights. Until then, investigation or not, silver is just going to have to make its way higher in spite of the criminals and not due to a resolution of the manipulation by regulatory oversight.

cheers!

mike

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