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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: Silver Update

I agree....if you listened to Eric King, he is the FIRST that suggested a "Commercial signal failure" on Friday midnight at 2am. In it he suggested that this is a generational event that does not come around that often and had precedence in the wheat market where Wheat ran from 5 to 25$. When I consider this, the multiplier was not a sub 100% percentage run up, but a five TIMES run. For silver to run to 30$, that's 5 whole bucks....on a parallel outer threshold, silver is 100$ at 5 times.

There is another analyst who had similar sentiments based on quite a different criteria, I think it was Bill Wixir (sp?) (maybe not), who wrote that if the commercials begin to cover, based on the last 6 weeks' runup in silver and the way that the shorts were covering and that if the they continue to cover their enitre position, the price of silver will be $117!!!

So it's going to be in their somewhere....between 30$ and $100 or so. Either way, if you're positioned well, $30 ought to add significant wealth to each of us.....everything after that ought to be gravy!!

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