Golden Minerals Company

Morn Pic

It would be a great indicator if the boyz tried their usual paper pounding for the 0'bammer show and it failed!

Over the week end, I looked for any fundamental indication that gold or silver should pause in this bull market. Nada!

The 128 day WMA is sitting just below $1,070 and has proven to be solid support for the past 5 years. Bounces off he WMA have been good starting points for rallies. Today's spike could be pounded down, but I believe we are on the door step to resummption of the bull market in both metals.

As I posted last week, I have never seen such desperation from the boyz or the politico's. I don't know if it will be soon, but when they fail in this attempt the rebound in pm prices will be a good one! Adding that to the constant improvement in ECU's production and recovery techniques, I am getting rather bullish on ECU sp, sooner rather than later.