A New Reality
posted on
Oct 18, 2013 04:49PM
Golden Minerals is a junior silver producer with a strong growth profile, listed on both the NYSE Amex and TSX.
We dodged the Syrian bullet, thanks to Putin (Imagine that the former head of the KGB is protecting us from our government !!!)..... but I still reiterate that the US/Israel has invested trillions of undisclosed funny money to build hundreds of airstrips and bases surrounding Iran and that this was the reasons for 911, the Iraq war and the Afghanistan fiasco. I don't think that they will just shrug their shoulders and say "fa get 'bout it".
Remember, these guys have the balls to pretend to kill Bin Laden and then kill all of the members of Seal Team 6 two months later on August 6, 2011 by putting them on a 50 year Vietnam era helicopter that is big, slow and low flying and then shooting it down. They were starting to talk to the media so I guess it is a no brainer for the evils that run our show.
No Americans know about this or talk about it ??? The beautiful Benazir Bhutto (Who was the heir apparent of Pakistan) said on a November 2nd 2007 interview with David Frost clearly that Bin Laden was long ago murdered.(See Youtube) She was assasinated 1 month later. Yeah.... no pictures allowed for Bin Laden... no body and no verification for the most wanted man in the world that we had spent billions tracking. This all makes sense to the dumbo public. I'm sure that someone on dialysis was hiding in the caves of Tora-Tora. The Pakistani papers announced his death in 2001 !!!! The most outrageous thing is that we really are that stupid and Obama used this to get re-elected.
Well - the good news is that supply is the achilles Heel of the Cartel at this point (As it has been always). And even though they leverage each ounce 53 times...... they must still have supply. China has a deal with us not to dump our treasuries as long as we keep the gold flowing to them and they will take 50 % of the world's production this year. How long can this go on ????
So by leaning on the Indian lap dog government, they can buy more time...... but it is essential that the mines do not cease production !!! Therefore you need to conclude, that at these current break even prices for gold/silver recovery for the miners this is the bottom within 5 % or so. Draconian lock down for sure..... but it will absolutely go ballistic when they lose control. Every paycheck buy more physical. Be patient and wait them out.