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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: Stewart Thomson's Latest
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Jun 08, 2011 01:24PM
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Jun 08, 2011 02:22PM

"I think coach may have the right idea. Sell it all and put it into physical"

Frankly speaking, I think this is far too late and the dumbest thing you can do. Look where the HUI:Gold ratio is and you will notioce that these long the PM/short the PM miners spreads have led to an all time low in the HUI:Gold ratio.

They want us to be in despair and it seems they are achieving it. Price/earnings of the producing miners has gone down from 15-35 historically to probably 5-15 now, basically thanks to the SLV/GLD alternative and lots of short selling.

I am not going to fall into that trap and expect the next cycle to be for the miners versus the metals.

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Jun 08, 2011 03:02PM
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Jun 08, 2011 04:18PM
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Jun 08, 2011 06:03PM
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Jun 08, 2011 11:44PM
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Jun 09, 2011 07:29AM
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Jun 09, 2011 10:10AM
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Jun 09, 2011 10:17AM
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