Hi all,

Forgive me for rambling a bit, but the market action today has caused me a bit of heartburn, and I am almost out of Maalox...

Most of us here believe our investment in Tyhee to be sound, based on the fundamentals of the company and the fundamentals of the gold market.

However, I feel uneasy on days when the general market starts heading down, and I then bounce around between different thoughts. Here are a few of them:

+ve thought 1 "Don't worry! Tyhee, as a solid junior, has already been through a bloodbath, and, even with a major market correction, it will be fine because of an ever-increasing resource in a commodity which is in demand. Furthermore, Tyhee's share price right now is artificially depressed because of the effect of warrants, and this effect is diminishing."

-ve thought 1 "This is not looking good! Maybe Barbera and others will be right and the price of gold will go down and the juniors with it, when the market corrects."

-ve thought 2 "Maybe Jim Puplava's outlook is logical, but off. If the Fed and the powers that be do not succeed in reflating one last time, everything will come down like a house of cards; there will be no time to get out."

-ve thought 2 "This is the time to be a true contrarian and stay in the market despite all the noise. Gold will rise even in a depression, and Tyhee has gold."

These are just some of the conversations that go on in my head...

On the FSN this past weekend, Jim said, with respect to reflation, something like "you ain't seen nothing yet!" and I am hoping he is right. Did you see how today when the S & P got close to 1310 something seemed to happen? Perhaps we are going to see unprecedented intervention in the near future...

I alsounderstand Barbera's point of view (cf. his commentary on market wrap-up on Financial Sense today); he says the commodities are "HISTORICALLY overbought." But, somehow, historical tendencies do not seem to fit as we head into uncharted territory.

Well, I am sorry for all my rambling, but if someone wants to throw in their two cents' worth, I'd love to hear it.

Take care,

stone