Re: All a twitter...
in response to
by
posted on
Feb 05, 2013 11:18AM
Golden Minerals is a junior silver producer with a strong growth profile, listed on both the NYSE Amex and TSX.
"They are all going after the May 2012 lows and are attempting to test those levels very soon if they havn't already."
That has a nice 'ring' to it. I keep trying to predict (to myself) when the 'bottom' will hit... an insane investment of time if ever there was one. Nonetheless, I will continue to struggle with myself ... then, if I''m ever right, I can put my shoulder out patting myself on the back.
What unorthodox parameters will work I muse? Hmm. Maybe add two months to the experts I follow? That would bring us into the May timing as you mentioned 'the dukes' .. and you 'may' just have something there. But what about 'sell in May and go away? Let's see. Oh yes, what about the timing of the next debt ceiling 'solution'? That could well be around that time. What else? Okay, how about the Blackberry as an indicator? It could be doing quite well by May. What about the S&P, the financials and DOW ... and the YEN/Euro cross?
Where will all those $trillions of private sector cash flow looking for yield? (we can forget about the fact that off balance sheet derivatiives are marked to fantasy). "Wait a minute Sinbob", the voice mutters: "you've forgotten about oil and geopolitical tensions". What if China and Japan cross swords? Will Mali be a spearhead for 'the fight for Africa' vs. China and friends? Whoops forgot about Iran, Israel, Syria and the ME in general? ... all black swans. Then there is the race to the bottom for all global currencies ... and QE to the bitter end. But wait! What if China, India, Russia and all those flush to the brim with REAL gold and silver in their vaults (unike the U.S. Britain and the Western Central Banks leveraged 100 to 1) decide to 'come out'?
Will the CFTC and COMEX capitulate and default? Will Jeff Christian, Jon Nadler and Denis Gartman tell the truth and repent? Will the World Gold Council bend to the influence of the East? Will the $US collapse?
STOP! STOP! And it's only Tuesday... and I too have lost my Ovaltine decoder ring.