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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: Gold Predictions
11
vhf
Feb 02, 2011 10:08AM
4
ESL
Feb 02, 2011 12:41PM
4
ESL
Feb 02, 2011 07:26PM
2
Feb 02, 2011 10:02PM
Nice indeed...if that 2.5 year channel holds, as gold is riding the support line, a gradual rise in the price of gold from this point could easily project upwards in the neighborhood of $2000/oz possibly before touching the resistance line of the channel in the much anticipated next rally. That would definitely coincide with Eric Sprott's forecast of $2150 in his recent interview with KWN. He also presaged a $50/oz silver sometime this year which would equate lockstep with a 40:1 gold/silver ratio. Sucks to be a short.
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