"Silver Wheaton has a two year resistance arond the $30 mark... having traded down there several times since Jan. 2011. My best guess is that will be the downside worst case scenario. If so we are looking at $34.68 today... so roughly a 15% drop fro here... to the $30 area. AUM iis $3.62. Worst case $3?

So, what is the time frame and when is 'the bottom' in?... Jan., Feb, or March? Debt cieliing has been 'postponed' to ?. What will the Fed. do next week? Big liquidation or stall?

I'm off to read tea leaves."

Yours are the right questions, Sinbob. At least, I think so. It now seems the bottom will be in within a week. Then, how hard are they going to beat us down before that? Normally a bit more than expected. Will that be enough for them or will they come back to us later? Well, Jim Sinclair says that that is up to us. I thought we had been annihilated already.

How long will it take to recover to normal valuations. You would expect fast, but they may go for "slowly" as the following author thinks:

http://news.goldseek.com/GoldSeek/1359295200.php

Whatever the outcome, being early in the game is the worst that can happen. I wished I only heard about gold and mining shares right now.