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Golden Minerals is a junior silver producer with a strong growth profile, listed on both the NYSE Amex and TSX.

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Message: Dennis Gartman's short but succinct gold commentary for June 16th....

Dennis Gartman's short but succinct gold commentary for June 16th....

posted on Jun 16, 2009 05:07AM

Fwiw, he's an early buyer with a stop around yezzer's low.

"Gold and the other precious metals have found support at the levels we thought mandatory yesterday. Gold fell right into “The Box” that marks the 50-62% retracement level as the markets were wracked by selling, and support at “The Box” has held. We are drawn then to the gold market once again, willingly buying gold upon receipt of this commentary, and willingly risking that long position only to the lows of the past twenty four hours."

(rec'd via email from a bud.... no link)

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