I like Mrsoul027's approach to investing. I especially liked his contribution today concerning a little history on silver's past relationship between the Chinese and the Europeans. I've done my fair share of research and do appreciate it when others continue my education as a result of their efforts as it relates to precious metals.

I have especially enjoyed over past months coach247's take with well written commentaries on ECU's resources based on his knowledge and experience. Following this company with their strategic planning along with their discoveries is impressive but the company is just a small player within the realm of belonging to the greater whole.

Just today, nothing to do with ECU directly, Treasury Sectretary Paulson made the following comments that really frightened me. Paulson said, "International regulations are dragconian with central banks now becoming the regulators to stabilize markets. " "Under the proposed new regulations the new regulators have the right and obligation to take over all types of banks and international investment banks when required without usual procedures." These comments were obtained from the jsmineset.com website.

Does Secretary Paulson know something we don't know or is it just the continuation of the current financial meltdown that he sees as getting out of control using old regulations? This whole affair seems like a battle of good(precious metals) versus bad(the excesses of banks and investment banks). What is Paulson afraid of? Have the centrals bankers lost their ability to control the excesses of the banks and the fiat money system?

My perception based on these comments from one politico is that confidence in the financial system will be severly shaken to some degree ahead and they don't want people buying gold and silver and taking their money out of government bonds and out of the banking system for those purchases. That's what it's all about to my mind. So, it's always good to have a little bit of outside perspective aside from only relying on specific company news. A complete menu of knowledge is real power.

In researching silver some time back I discovered that 95% of Mexico's population wants silver reintroduced into their monetary system. Americans have been buying Silver Eagles in record amounts straining the ability of the U.S. Mint to meet demand.

Alf Field in a recent article on kitco.com is predicting based on his Elliott Wave interpretations that Gold's next major stop will be $1,578. The media will have to report this and the minds of millions of people will be getting them into precious metals and hopefully into companies like ours. Unfortunately, gold is too expensive for most and the overflow demand will find its way into silver. If gold $1,578 is reached and silver stays on a par with the percentage increase from the recent low on gold then silver should approach $30 an ounce. If a public silver buying frenzy develops with gold leading the way as most would expect, then there will be more talk of a silver shortage like earlier in the year and that could possibly ignite even further gains in the metal and the silver stocks.

If this scenario plays out it will crush any naked shorts at these low levels on both silver and ECU.

Go ECU Silver Mining!!