Good morning GWR and thanks for the posting - you are somewhat late this morning posting Ed's column. I particularly liked the following para.

"Friday was a great day for us precious metals bugs. And as Ted Butler pointed out in his interview, although the COT report shows that the bullion banks are almost back at record short positions in both gold and silver... there are other things that appear to be going on behind the scenes that could change things very quickly. Firstly, gold is being added to GLD... and silver is disappearing out of the SLV and the Comex-approved depositories. Then there's this new financial reform package that's about to be signed into law... plus the goings-on in the Middle East. And there are murmurings of a lawsuit somewhere in the CFTC's and Comex's near future as well.

I would not be out of this market... or, heaven forbid, short this market... for all the tea in China. "