You know you're in trouble when your reply starts off with "In all due respect Major".

Silverbull I believe that our views are both accurate and do not oppose each other. I believe the key is AUMN. I see this morning that both AUMN & AUM are up close to 3%. That, and the fact that Gold is up close to $50.00 in the last few days is a good sign. My point is ECU won't be forced upwards as long as AUM/N is staggering below the 20 to 1 ratio.

As far as ECU is concerned you're probably right a good "buy" can scare off the shorts which are probably stacking up the "asks". Who knows, perhaps a deep pocket investor or a large fund Manager, can try and find out if your theory holds water.

Anyway you cut it, given that it sure looks like the PM market is starting to show positive changes, buying ECU at 93 cents is surely a good bet.

Later