... that 'they' are really shooting for gold to bottom in the $1400 plus range? The question is only, can they really get there or will they have to settle for the low $1500s? That's what the Haywood Securities 'guest' in an interview from PDAC this morning was suggesting as possible. In fact he hoped that is where the market is going for the bottom and speculated that if/once achieved, there would be a great entry point into the next run up. By then the retail trade will have been pretty well killed off. What is one to conclude after so many 'experts' and 'analysts' with seeming arrogance and/or confidence, have basically echoed the same via MSM? Have the traders and skimmers been reassured that, no matter the fundamentals, there is an overwhelming force that will relentlessly drive gold and silver to deeper, surreal lows?

Are the traders being guaranteed further big bucks in the 'in your face' paper shorts and then even more profits from a planned bottom going up? Are those on the 'inside', and the 'cooperative' mining Co.’s (and CEOs) confident that they will survive the disembowelment of the PM markets because they know where the bottom is targeted? Are we seeing signals now that this is an opportune time to swallow up acquisitions cheap? See Hecla's 'friendly' takeout offer of Aurizon dirt cheap and with little premium to today's shares price. The CEO of Hecla (again in an interview from PDAC), almost sounded like he was doing the shareholders of AUR a big favor... and that they have pretty well happily accepted. Wait until you see what is coming because now is the time to jump on unheard of merger/acquisition thievery. I suppose if ‘X’ takes out ‘Z’ for a 5% to 10% premium, the shareholders of ‘X’ can hold ‘Z’ until it doubles over the next?

Ladies and gentlemen we have been sent a message loud and clear for years. We have been ridiculed, harassed, and stolen from, marginalized, impoverished, despaired and depressed. We could not see it because ‘it’ was always on the edge of turning around. Fundamentally, it was beyond sensibility to think that such an orchestrated theft on such a grand scale could possibly be organized or interminably carried off. It is our own fault that we had principled views … and chumps always pay for being honest, even if educated. As Warren buffet (In my mind just as bad as the rest) said: “when money meets experience and experience meets money, the money gains experience and the experience gains money”. We were never old that it works better for those with a criminal agenda…. And that’s naivety.

The credible expert gold and silver bulls have been incredulous that these markets have been driven so deep for so long, with special reference to the stock suppression as well as gold and silver. For years the likes of Ted Butler and Casey and the Andrew Macguire's ... and a host of others have watched stunned at the absolute heft and power of criminal activities in the futures markets, The COMEX, The World Gold Council, the CFTC, the JPMs, the GS's and on and on... ruminated on the endurance of the scope, depth and opaqueness of all the 'shenanigans' (I hate that word because it sugar coats the bitter truth) of the LBMA and even sovereign Gov. complicities such as Gordon Brown selling off Britain's gold at $250, the shadowy activities of the ETFs and the custodial enigmas. Books have been written about all this now.

So, we have been warned once too many times over too many years and we didn't heed the warnings. We didn't think it was possible. It was. The only salvation we have is to HOLD and buy if possible from here on. The market will turn and we will get our money back… at least those few six-packer’s left who can hang on by the skin of their tenacity. All that is left is how long and when? Who will be left?

All is my opinion only and merely ‘hypothetical’. We need to make the best of our many years in the desert. It’s been an experience of a lifetime.