The CEO of ECU Group[must be a pun lol] Mr. Manduca said on CNBC that the central banks will be the largedt buyers of gold in 2011. He went on to say that the U.K. was suffering from cost pull inflation. The price target he had for gold was 2000.00 in the next 12 months.

This is interesting that 2000.00 seems to be the target price for all anaylists from CNBC. In a another segment by a person I can't remember the use of silver will be used as a proxy for the U.S. dollar. This was based on the Eoropean market I would think in terms of the U.K. but I am not sure.

Now back to ECU. I can't believe my eyes when we are sitting at a standstill in the 70 cents range. Interesting points were brought up today. One was if ECU determined itself a mining company or a exploration company. Past comments from ECU about showing financial statements were answered by [As a exploration company we do not have to file a financial statement.].

So I guess the question is what is ECU going to continue to be. Exploration or Mining Company. The direct result seems to be that we as shareholders must continue to guess what is really going on behind the scenes. This is why and also note worthy by Mr. Manduca that dividends make a difference in buying stock.

So again I have to change my mind[sound like a weatherman now,] that a dividend no matter how small could change the whole outlook in getting more buyers of ECU stock. I am in no matter what .I already loss quite a bit, but I also believe that these kind of changes would put ECU in a better position. No longer would they have to borrow money if a steady ammount of buyers saw the real picture.

By what I read on the board today I feel this is a possibilty. The maximum potential of ECU makes it a sure bet without outside guidance. Would I like to see a financial statement about ECU? Without a doubt. We have been left guessing for way to long.And everyone who has stuck with them deserves some kind of reward for patience alone. ECU for anyone new reading, does have the goods. The world is searching for every ounce of metal they can get to hedge with. And by all accords if the central banks have anything to do with it in the next 12 months, we could either be happily sitting in our chairs, or left in the dust.

I am hoping for the new chair myself. This one has got a lot of use.