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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: Help! Family is abandoning ship!
3
Mar 15, 2011 09:28AM

Jnycat,

I am no big gun but I'll try and help.

Yes this is scary to see our mining shares go down...again when we know that gold and silver should be going up because they are real assets. But that is what we are being dealt today.

But the powers that be are not going to go quietly into the night...they are going to take the whole system down when they are forced to leave. Today they are throwing a tantrum.

But look at the stock of the US. The dollar. It isn't rising today as a safe haven in this crisis. That is a bad sign. Once the Fed announces QE3-4 the world will know the US will never be able to stop QE programs...there will always some reason to keep the program going..and that is the next chapter in the failure of the US currency.

I hope you have extra food for emergencies, insurance to protect what you have, and for heavens sake don't throw away the one asset that will carry over and protect you once this monetary system fails.....

I hope that helps.

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