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.

Free
Message: question

AUMN closed at $25.10, with a closing SLV price of $24.93. . . resulting in a AUMN:SLV ratio of 1.0068191.

Today, November 15, 2011, AUMN closed at $7.33, with a closing SLV price of $33.66 . . . resulting in a AUMN:SLV ratio of .2177659.

What a difference a year makes. AUMN falls almost 71% whil SLV appreciates almost 37%.

These markets are a farce, devode of any logic. I think the share prices basically represent where the manipulators push the share price, both up and down. Fundamentals mean next to nothing.

I'm pretty sure ECU was trading over $1 per share a year ago....

Share
New Message
Please login to post a reply