Golden Minerals Company (TSX:AUM)

[basserdan]

Rec'd via email....

MIDAS Alert: So Far Tonite Gold And Silver Doing Just What They Should Be Doing

Date: 7/3/2012 1:09:59 A.M. Eastern Daylight Time

Le Metropole Members,

We shall see how this plays out tomorrow and ahead of
our July 4th holiday in the US. But, for now, and you
know I don't do this very often, gold and silver are playing
out to script. The price of gold is $1602 and the price of
silver is $27.65 ... which means both precious metals
are catching bids in Asia.

What I mean by playing out to script is that I have NEVER
seen so little excitement about gold and silver following
the MEGA moves we had on Friday. In my book that sort of
reaction is unprecendented. As you ALL know, this has
me pounding the table that much higher moves are imminent.

This may be the proverbial kiss of death ... me putting this
out ... but, if The Cartel is so infantile, so be it for
a few more days. My assessment is either right, or
wrong.

The key, and one which suggests a Gold Cartel retreat, will
be when gold takes out $1608 and silver blows through
$27.95. That was mentioned with emphasis in MIDAS.

In terms of the shares, the HUI needs to blow through 432
to get back on solid ground. On that note, some of you
might want to look at the technical picture of one of the
worst investments of my life, but one that I still believe
has home run potential and that is Golden Minerals, which
took over ECU Silver. The price of this takeover stock
is back to where it was when I first bought ECU in 1999.
And that is with XYZ good stuff happening and the price of
silver going up 800%.

In NO WAY am I suggesting anyone buy this dog (which is
still my largest holding), but please view it in the
context of a Gold Cartel retreat. Today Golden Minerals
mysteriously rose substantially while the HUI, gold, and silver did nothing.

See...
http://www.stockwatch.com/Quote/Detail.aspx?symbol=AUMN®ion=U

This beaten up wreck of a stock is now at the top end of
a yearly downtrend line which began after ECU Silver merged
with Golden Minerals. It was supposed to be a merger of
mutual interests and turned out to be a merger of mutual
stink up the place ... at least in terms of what the stock
price did.

The merger price was 20 and now Golden Minerals has rallied
to a pathetic $4.76 per share.

Why am I going there? There is no doubt in my mind that
this stock is part of a grand gold/silver share price
manipulation scheme ... one that dates back to JP Morgan
borrowing shares from the Oppenheimer Gold Fund more than
five years ago, which was PUBLIC INFORMATION.

My gut tells me The Gold Cartel is about to retreat and
there will be no better indication (TO ME), of a Gold
Cartel retreat than if this stock can blow to the upside
and take out $6 resistance. If so, then this share price
could go bonkers as the share manipulators are forced
to cover!

This is NOT to suggest anyone buy this stock, but to
watch its price action as to whether this MIDAS analysis
is on the money in a bigger picture gold/silver share stock sense.
Funny enough, I always avoided conspiracy theories
about JPM going after me because of my sponsorship of ECU,
now Golden Minerals. BUT, as a result of what has been
brought to my attention of late, I know think they might be right.

Time will tell. Tomorrow's action will be brief, but most
enlightening.

Bill Murphy