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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: Nervous Nellies

I think that there's a lot of nervous ones out there...Hey! This is the gold market.

The fact that silver has gone up so high so fast...with Monday options expiry...and contract expiry on Wednesday...well, we's scared boss!

Lots of people are thinking BIG correction coming...(read - fishing line)...they're taking profits from the Sept run-up...scared to lose those gains...

I'm scared too...shaking in my shoes...could use a drink in fact...

I've even just sold some of my FR.WT.B (that I suggested U guys buy Aug 18 @ $1.10 when we talked about "leverage to silver" - 300% BTW)...just in case!

But I'm using some of the proceeds to buy ECU and ECU.WT...got 14,000 MORE WTs today in fact. Not many selling today.

Here's why:

http://quotes.ino.com/chart/index.html?s=NYBOT_DX&t=&a=&w=&v=d12

The almighty $US sliced through .80 support like a hot knife through butter. There's only one way it's going. jmho.

Gold and silver will have to go in the other direction...if not next week, then the week after. Yes Virginia, there may be a correction, but I sure don't expect a big one!

US Dollar is a squashed toad. Gold is KING. SILVER is EMPEROR.

lotus petals,

gildage

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