Joltin,

I follow it on Kitco on Sunday nights to see how the Asian markets are responding. Au currently at $1018.60 and going up.

JPM taking out Bear Stearns at $2/sh in shares: With Friday's close at $30 after losing $27 that day their are going to be a lot of retail investors that wake up tomorow and find it is a lot worse than they thought. I expect the markets are going to get pounded tomorrow morning. With a clear example of how fast the "Banks" can take a 100% hit in day or two I wouldn't want to be holding any.

Its going to be great for gold prices but I wouldn't want to be a somone that has non gold exposure tomorrow or be holding any share bought on margins.

GLTA tomorrow.

... Been There

I expect that the deal is what is driving gold.