Re: Single worst day in the market since 08.

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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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mike97

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Re: Single worst day in the market since 08.

in response to

Single worst day in the market since 08.

scoutaz_2003

posted on Oct 07, 2010 04:16PM

Scoutaz - you will appreciate Clive Maund's article in GoldSeek today. You have to laugh at his terrible timing!

STRAP YOURSELVES IN - this is going to be HUGE...

By: Clive Maund

We are on the point of a major breakout by Precious Metals stocks that is expected to lead to a powerful rally. The reason that the rally will be powerful is that stocks have been held in restraint since late last year by a zone of very strong resistance in the vicinity of the 2008 highs. This resistance is on the point of being overcome and when it is the last argument that bears are using to justify their position will crumble - namely that of the non-confirmation of gold's continuing new highs by stocks - and they will be forced to cover or face annihilation. This covering should give added fuel to the accelerating rally.

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