Thanks for your post, Ski -- I found it quite thought provoking.

With respect to your comments on the Agoracom situation, I wish to draw your attention to Hoov's heartfelt post this morning on the Noront site. Both he and you echo some of my own thoughts, but I have pursued this matter in my mind to a stalemate and must leave it rest for the time being.

I tend to agree with your GNH remarks. One thing, I see gold heading much higher for the foreseeable future, but with more or less violent price fluctations. You are likely correct in predicting a return to the 1200 level, perhaps even lower, but I will be surprised if such corrections are anything but short term. All this has happened before in recent history and will happen again, only with even greater volatility.

Just IMHO

Chears, O.F.