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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: OT: Gold Standard

I've been obsessed by watching this slow motion train wreck for a bunch of years now, and of course wondering what will be the actual path this wreck takes. I don't think there is any doubt now that something very momentus is going to happen, just how we get there is the question and how we can prepare accordingly. Recently I have started to think that the US will squeeze every drop they can out of the debt market and when this has been exhausted declare force majure on the encumbered gold holdings they have "loaned" due to "national security" and declare a "peg" to gold. The US is the Saudi Arabia of Gold, has massive debts it can never repay at current dollar pricing, has a massive military to wield it's big stick worldwide, and is an empire in decline. Don't you think the insiders know this too? What if some Sunday night the US treasury dept announces that they are reopening the gold window and will stand for sale of gold at $20,000/ oz? The Chinese who want more gold reserves will trade in there now worthless debt for a much smaller piece of gold than they are currently accumulating. A major rebalance will begin that will shift the values we hold in our world massively.

I wanted to post this to get other opinions from those I consider some of the most knowedgable folks in this world. Reading Paul Brodsky and Stephen Leeb over at KWN has only served to reinforce this view.

What would this look like, how would silver be effected, the miners both gold and silver, what would be the strategy if this were to happen, all are questions I have been asking myself and am posing to you all.

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