Hi Coach,

I honestly don't think we will see a pullback. I actually think we will see higher spot prices then ever before. To many uncertain curtains are being pulled back. And right now people are looking for that big bang to show up. The problem is some people will not get a chance if they wait any longer. I see a number of reasons why for my bullish thoughts.

First of all J.P. Morgan has been backed in the corner. With the lawsuits starting to slowly attack them they will have to hope the government will bail them out or lose all credibility. Not something the government needs to see.

Secondly, with out a real reform package we might see some real fireworks going on after July 22nd if a budget isn't put in place that even Moody's can't downgrade. I don't see that happening.

Thirdly, the chinese are not going to backdown now. They know we have loss all are pawns and are ready and able to attack at will. I don't mean war but financially. On Friday I felt the trade winds turning and so far I have been correct. But any kind of pullback here would be the buying point for the last time. And I am ready to sell everything I own to capitilize on it.

I also believe if States continue to use silver and gold as currency they themselves are trying to get all they can in reserves. This could also lead to some of them defending the constitution of government regulations held by them. A lot of them have many by-laws to protect them if they recede from the union.

We are in unchartered waters right now and anything can happen as we all have seen in the last couple of years. Assuming this, I have some good feelings about G&S will break records in a very short span. Any crazy thing could be the final trigger to mass changes and send the real money flying. Trading has been very light for the middle of the week so I think people are getting ready for this in anyway possible.