Pic mentioned it in his previous post......"But here I am suddenly scrambling to get to Idaho that weekend because I sense something of major imptce...not just the bullish stuff with SFMI, but a large monetary shift from ETFs and hedge funds, and even some T-Bonds...a shift back into PM shares."

I can feel it too. Last week was probably the best week of open and honest discussion on this board since I've been around. The discussions largely centered around Mr. Z's questions as to why he should invest in GHDC. It inspired well reasoned and thought-out response and was indicitive of what a good board should represent. The heady discussion was accompanied by some fundamental changes in market sentiment with world equity indexes gyrating wildly by the day, mostly to the downside, and gold and silver posting strong gains.

The cartel seems to be losing control of the metals market. Gold and silver are up again in the futures markets as this message is being written. I expect this to continue as the world is waking up to the fact that the real currency is, and always has been Gold and Silver. These markets are extremely tight, investment demand is exploding, mine production is slipping, central banks are buying rather than selling. All across the globe people are beginning to see the paper currency con game for what it is and realizing that their only protection from the organized mob that are bankers and politicians is Gold and Silver.

Hugo Chavez just demanded that 211 tonnes of his gold held mostly by the Bank of England and JPMorgan be returned to Venezuela. It will be interesting to see if these banks can deliver, how long it takes and what other ramifications this will have in the metals markets overall. If the banks can't promptly deliver, it might set about a worldwide scramble for physical metal with sovereign nations stepping up to demand their metal back as well as large funds and individuals joining the ranks of paper disbelievers. As small as these markets are, it won't take much to send prices quickly higher. Perhaps much, much higher.

I was pleased today to see John Embry, Chief Investment Strategist for Sprott asset Mgmt, recommend a small Idaho Explorer Premium Exploration as a speculative play. I believe they are working a large mineralized belt well to our north with interesting intercepts so far. The Sprott organization is at the pinnacle of the resource world, and the fact that they are looking at Idaho miners is encouraging. Once our drills begin to speak, it won't take long for their eyes to be diverted southward to War Eagle Mountain. If luminaries like Sprott begin to take notice, we are headed to the moon.

Pic senses something in the air. Sinbob and others have mentioned the perfect storm that approaches. World events that favor our investment here are too numerous to mention, but they seem to be occuring on a more regular basis and are not fixable by the Keyensian simpletons in charge. Painful adjustments will be the order of the day, I'm afraid, and few are prepared for what lies ahead. One thing is for sure...Gold and Silver will shine and the companies that can get it out of the ground, or prove it exsists on their property in economic quantities will benefit greatly. The daily trading at this time is frustrating but it's the opportunity of lifetime. SFMI at .10 will be most astonishing to people a year from now. Get it while you can.

Thanks to all the posters here at this board. Thanks for making this a classy place to visit. I look forward to your reports from the SHM, as I will be on vacation in Thailand at that time. I will rely on the smart folks in attendance to ask the hard questions and demand good answers.

Best of Luck to all Longs,

ag