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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: shorts decline on AUMN in the US data

All appreciated and great information GWR....but how do we find out what the enormous, daily, fluctuating naked shorts are at any given time? No one ever seems to want to discuss this most deviant, illegal, blatant intervention in the JPMs...and other juniors in the commodity sector. I suppose it just seems self defeating. It's the market transmitted disease that keeps on giving. It is a grand campaign with many ranks from top to bottom. Just openly talking about it is discouraging and negative...so we all keep hoping it will just go away...or that it just isn't there...as the taunts of the ubiquitous, derisive Jackals just keep it up on all the BBs...knowing full well the game is fixed. (In fact, some are so bold as to warn us ahead of time that a particular stock will be taken down. Now that's what I call generous intervention!)

Shorting/naked shorting is the reason that stocks like AUM are being crushed whenever...every month....with a little extra bling thrown at it ( because Bill Murphy and Sprott back it and because they and others own and supported ECU...now AUM. There is the constant message to them and all of us who stand up to the criminals who run things that they will make us pay). John Embry mentioned the fact that he knows a trader in the PM/JPMs that ignores their profit maximizing potential ...and instead plays them all short. Reading between the lines we know that means corruption, insider info and not-for-profit selling that is somehow most profitable. Every time we retail investors think the dam is about to break... WHAM....we get slam dunked. I can just see the bastards having a good laugh about it over very expensive Scotch at our collective expenses.

This has gone on for years now. At least This particular forum has a firewall against the hooligans that exist practically everywhere else...especially on non Agoracom BBs. It is a shooting gallery out there. So, at least one can come here for some like minded soothing and comfort...and support.

I drop in here almost daily and read the fabulous posts that are generously donated by some very sharp, experienced and intelligent minds....several that are true professionals. I have stopped myself from replying to posts trumpeting the end to all the crap. I see it all the time and I used to do it myself; still do when I am optimistic. But then, I see certain stocks like AUM go up and I say to myself, 'gee Sinbob, time to sell and wait for it to drop again...and then get back in'. Then I look at the sell button and get the doubt going. "Maybe this it is. Maybe this will be the break-through month as the gold a silver charts look great...like the did so many times before. And that Stewart Thomson is soo revved up aboht the GDX cahrts. He's a smart due! Maybe this time my undervalued, manipulated, lagging miners will turn the corner. All the weathered, well meaning PM pundits are soooo positive, again."

Then, cleaning out my 'stuff', I run across some '2003' articles from those same experts who I still respect...and I am flabbergasted that their comments echo the same things they are saying today. One was by Jim Willie. Others from Sinclair, Embry, Murphy. Butler...it goes and on. Then I feel sick. 8 years ago I had a lot more money. We have all been wrong about the power of the cartel and the time factor....with respect to the JPM stocks especially. Very wrong! The only thing is that a small retailer who thought he knew something way back then, reading everyone with stature, did not have the deep pockets to play with them. Who knew? Well, now we know...and sooner or later we will all be right.

Then I keep reminding myself again and again that the game is fixed and the winners know when the stocks will be shorted/naked shorted and they are in way before me...and out...before they take the heat off...whilst we marks get slaughtered. The old rigged Casino game.

Sooo, how far does tenacity, determination and waning optimism take a well read, well meaning, honest gold bug before he tries in earnest to trade the monthly JPM roller coaster...with the obvious, time worn signals? How do we trade with the 'other side'...with those who would steal pablum from a baby if it meant profit? When do we give up our principles, our integrity...as those who have caught on long ago already have? Nudge, nudge, wink, wink. How much longer will the naked shorts run the show? How dare I ask?

Well, after hearing that Jim Rickards, a brilliant guy, thinks it could take a few more years for the secret manouverings of the western central bank's London Gold Pool to fail, my heart kind of sinks. That's pretty dauntng in the face of a global, withering demand for both gold and slver. It is incomprehensible just how long the Cartel has been able to con the world's physical gold markets.

Soo, do we have a few months...or?...before 'the dam' breaks, as desperate as it has appeared to have been for the cartel for years now.

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