Barometer?

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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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sinbob

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Barometer?

posted on Jan 25, 2013 10:51AM

Silver Wheaton has a two year resistance arond the $30 mark... having traded down there several times since Jan. 2011. My best guess is that will be the downside worst case scenario. If so we are looking at $34.68 today... so roughly a 15% drop fro here... to the $30 area. AUM iis $3.62. Worst case $3?

So, what is the time frame and when is 'the bottom' in?... Jan., Feb, or March? Debt cieliing has been 'postponed' to ?. What will the Fed. do next week? Big liquidation or stall?