Well folks, place your bets. Jim Sinclair is probably right....but then we have "the stalker" in the ME hearing rumours that there will be a concerted effort to pump the $US to 75 cents and trash gold and silver at the same time. Ahhhh...the final desperate act of forcing capitualtion on the PMs? Setting up the stalker? Trying to create more fear? A ruse?

We hear that the two massive hedge funds that are naked shorting the JPMs are going for broke and are in huge trouble in the derivatives exposure markets. What can they lose? But then we hear that these hedgies are backed surrepticiously by the mighty power of those who can print $ with impunity.

Could it be that Robert Rubin's final desperate "six month plan" of going for broke is in it's death throws? Are the Bush/Paulson/Cheney powers that be so fearful that they have nothing to lose and might as well goose the fraud machine until it self destructs? After all, the next regime (Obama/Clinton/McCain.... O'Rama), if they can hold out that long, will take all the heat...err, maybe.

Then we have Dennis Gartman with a well placed warning on gold...yet again. You don't suppose Dennis could be shouting "sell/buy" while "others" pace bets against him, or rather, what he is saying, do you? Add the IMG, GFMS, Nadler, Wrold Gold Council, The ETF's etc. And there is always Gold"bagman" Sachs shouting "buy" and shorting, or shouting "sell" and buying. What is a wretch to do? I've got it! Buy the newly minted "Intrepid Potash" debuting on NYtoday at roughly a PE of 120! There you go folks.....potash is more valuable than gold! Buy em while they're hot.

Well, for what it's worth, being stodgee, I'm going with Mr. Sinclair although we may have a rough ride for the next week or so. When I look at the charts of stocks such as SSO, ECU, YRI, WTM, and on and on.....I either want to throw up or cry "I see a bottom", I think.

Good decision making all.