Welcome To The Golden Minerals HUB On AGORACOM

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: Gold = $2,000 soon, as per Jim Sinclair

Sinclair does not mention Gold has turned cyclically positive as a basis for $2,000/oz but it is reassuring to hear the master's opinion jives with the EGM model. Also worthy of note - Gold quickly broke above another key resistance level of $1725 quickly after overcoming other TA-significant hurdles in such rapid fashion. Based on current momentum, Gold is poised for a quick return to $1900 beginning next week and could reach those levels in as little as 2 weeks hence. The combined EGM model plus TA as of this eveing, indicates a buy-back or reinvestment of 1/3 of your trading position into pure gold investments - eg Physical, ETFs, Futures or Options. Investment in individual shares is warranted only as TA suggests, and most have not given the "go" signal yet. According to the AUM Daily on the TSX is nowhere near giving a buy signal however positive bias is building and there is ample time left in this cycle to make a significant comeback.

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