I can't keep track of all the articles I've read over the past several weeks that stress the need to own gold and silver and the PM shares. They point out that gold and silver and the stocks are all undervalued (really?) and going higher. Like soon! I'm getting cross-eyed reading that stuff and then watching the gold and silver stocks (especially mine) continue to burn bright red. My eyes are lying to me somewhere in that mess.

Sinclair stresses that gold is a currency, and I'm sure the US Exchange Stabilization Fund (Paulson) agrees, since I believe they're the ones, through their intermediaries, largely responsible for "containing" the price. They have the authority to deal with currencies and gold, as I've posted before: "With the approval of the President, (the ESF) may deal in gold, foreign exchange, and other instruments of credit and securities." Done, of course, for "orderly exchange arrangements and an orderly system of exchange rates" (gold Reserve act of 1934, amended in the 1970's) In other words, to me, that means they can do whatever they bloody-well feel like to control prices, blatant or not.

So how or when does it stop, if that's the case? Beats me, but they haven't run out of gold or paper yet to stuff down our throats to bomb the price for the past 10 or so years I've been watching this. It's been going on for so long, I'm beginning to think there may be another agenda than just keeping gold from going sky high, thus showing up the dollar and other currencies and further complicating an already super complicated situation.

In that regard, now that Sinclair has raised the potential of gold confiscation, as well as the potential confiscation of the gold ETFs, now that physical gold and silver supply is drying up, and now that mostly we pea shooters up in the peanut gallery are left holding on to the juniors, what can we expect next?