Golden Minerals Company

I have been following Eric de Groot for some time now and I think he has a nice grip on what happens in the shadow of the gold market. He analyzes complex mathematical concepts, which give him signs of accumulation and distribution.

Today he is telling us something that sounds very positive in my ears:

"A major bottom in gold and silver, not necessary meaning price, is drawing near. Once again money has been repositioning with amazing stealth and efficiency while the headlines feed fear to hungry investors. When the red circle below is filled, I expect numerous, extremely rare buy signals to be generated late 2011 or early 2012."

Late 2011. That must be close.

http://edegrootinsights.blogspot.com/2011/12/trade-with-brain-not-emotions-it-aint.html