Well, its just a guess, but I am thinking that Buffet has been given the task and permission of the U.S. powers that be to give the green light for PM investment by the hordes. One simply has to think that they now know the game must change and they are well positioned to profit immensely in the next leg of PM bull run. The other signal has been Goldman Sachs' liquidation of their shorts on the TOCOM and many of the large US banks, brokerages and analyst's making mild to moderate positive prognostications for the price of gold for the comng year.

Will they (big banks) be nimble enough to take advantage of the crushed JPM stocks and move in to buy (or fund the purchase) the beleagured explorers/developers and miners in league with the predatory producers such as Barrick, Agnico, Newmont, GG et al?

Or, will the markets take off before they can move in? I would think they are a little nervous here but then again, they may already be so well positioned that it is time to let her rip.