Ed Steers had a link to Ted Butler's weekly interview on the "happenings" in the silver/gold market. Ted is basically a silvers guy and the hi lights from his interview follow - which are very positive for the metals:

* Floor for PM may not be is as shorts are being covered by the big 4 banks (a/k/a "the bad guys"). This is showing us they want out of the short market which is positive for the future price of PM

*Silver short is now 90% cleaned out, gold around 80% cleaned out. This is a "spectacular report." Commitment of Traders is flashing a green light.

* Bad guys are getting out which makes this probably one of the best buy points in silver and possibly gold. "An awful good time to get into silver." "Want to be in there with both hands and feet."