in my opinion this could be the best buying opportunity of the last three years, not only for SFMI but for all JPMs and especially the big and intermediate PM producers and explorers. Imagine buying this stock for 5 cents. It boggles my mind more than ever now. And...there are so many toher juicy deals right here...but they may be even better later this month.

Thanks to Ouri for the great video which I will send out to those I know who hold SFMI....as I'm sure many of you will. Way to go Ouri! If anything, it will help shake the mod of despair out there.

This will be the low point of the year for the PMs and JPMs in my mind. I think JP Morgan et al are going to get the most out of this week going into options expiry...so we could see the best bargains ever when looking at the upside commencing in the next few weeks. Those with some extra cash or even leverage, will do very well next month methinks.

All those charts, the pennant formations etc., are being attacked by the tape painters with viciousness now...as they have smashed gold down past the pennant base around $1700...as it sits at $1663... and if $1650 doesn't hold it looks like the downside for gold will be in the $1600...then $1550. Watch for a quick head fake to the upside before the next bludgeoning. All we can do is watch and wait. Do not get shaken by this. This is more desperate every month and means the cartel is very nervous now....rather than smugly arrogant.

Whatever, I am very optimistc for the New Year...and all that I can think about is wondering how low they can take gold and silver before they hit bottom and rocket back up to over $2000 and $40. I think we will see a 'V' shaped chart looking back in Jan.

Hang in there folks...great posts today! The IW gives us a real glimpse into the mintue by minute machinations of trading todays markets. Very informative!