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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: Re: Norcini commentary this afternoon
6
Oct 20, 2010 07:09PM

Snippet:

"Dollar up – sell commodities; Dollar down – Buy commodities. Now is that a stunningly brilliant trading strategy or what?

My dog could become a better trader than most hedge fund managers if I took the time to teach him to hit the “Enter” button on my trading platform. For that matter, he could just mash the keyboard with his paws and probably produce a more realistic order flow than that coming from the hedge fund computers. This is what the markets have degenerated into courtesy of the whiz kids at the Fed.

Quite frankly, watching a day like this in which billions of Dollars are stuffed right back into the markets after the same billions were yanked out yesterday fills me with a great sense of dread and foreboding. If the Fed manages to pull the rug out from under the Dollar with its insane policies, the speed at which it can fall and the corresponding affects on the markets will be not only stunningly dramatic, but will be devastating for the chaos that it will unleash. The cost of the basics of life will rise at breakneck speed as this huge sum of hot money jams prices northward, with little to no relief in sight. Pandora’s box will look like a care package compared to what the next round of QE will unleash. And to think all of this is a pathetic attempt to bail out the abominable bastards at the big banks who gave birth to this carnage."

Comment:

In todays fraudulent market, with all the "Sh*t" being brought to the forefront, like "Fraudclosure" etc., can you picture what would happen to the marketplace if it was honest and manual?

Yes, the picture would be both clear, honest and terrifying. Gold and Silver would be considered priceless, and without ETF's, pm shares would be 100's of times what they are right now.

This is what the future holds once all the cr*p is made known, and all the "sheeple" wake up.

If you have plans to buy gold and/or silver and/or pm shares, do it now before it is too late.

IMO, the market, as we know it today, is about to change drastically.

Good Luck to all!

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