Golden Minerals Company

Gold and silver were firmong to $US spot 818 and $13.38 when "higher than expected" oil inventory build came out. Oil has dropped $1.80 and is now down a buck.

HOWEVER, gold and silver were trashed over 30 minutes to $802 and $12.82......$16 and $.55 hits....What a crock! Gold and silver should NOT be trading this sensitively to crude oil. The HUI and JPMs were also hit...must too concisely for my taste. This smells bad.

If the trend is still up then we will hold $800-790 area and climb out for the rest of the day.

I still have concerns into next Tuesdaywhich I believe is futures options expire day. Will they ever let us breathe? Yes, but not by choice and not this month.

ECU acting weak early on, but what's new there?....pic