The $ is down this am falling below 83 on the index. Curiously the 10 year note has been catching a bid and is now paying only 2.59% One Could surmise that the $ is falling because of FOREX traffic and the bond yield is falling due to Fed buying via enronesque surrogates. Oil is up again. The utilities ( an interest rate play) are falling showing higher yields.

For the last week gold and silver have not had the waterfall pattern when the paper hangers went to work that was the norm. Also the COTS shows OE is falling.

Even on flat metals prices late last week we had positive action on some juniors. Today all pms are strong.

To me this is starting to look like rear guard action by the cabal.

With some of the "pundits" calling for a higher gold price to defend against deflation and total economic contraction, we may just be about to enter a new leg of the pm bull run.

The 43-101 ECU just released should attract more buyers and we may soon be rid of the constant sellers. I think there's a light at the end of the tunnel and it may just be our little gem shining through. Glad I got mine.