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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: Grandich Back In - FWIW

Time to Go Back In Gold $1,481 Silver $35.75

Just when I thought I was out they pull me back in.

After literally getting out within minutes of the top in silver and gold and then watching a decline I anticipated could take weeks or months happen in a matter of days, I believe it’s time to go back in and buy back those positions.

I may be 10% too early but we have plenty of room given what we sidestepped.

So I’m now back in fully in gold and silver

I will do an update on Grandich Clients by Monday’s opening. In the meantime, I’m putting a very significant amount of cash back into the junior and mining sector. I purchased 200k shares of ADV yesterday and today, have bids in for MIN, SQI and NDM and am looking at many others. Not a time to chase but to start picking spots.

It’s fast moving and I’m trying my best to keep you fully informed of my thoughts… I even gave up a round of golf this afternoon!

This entry was posted on May 5, 2011 at 11:33 AM. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.

Posted in All Posts Gold Precious Metals Silver by Peter Grandich

http://www.grandich.com/2011/05/time-to-go-back-in-gold-1481-silver-35-75/

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