Hi H: I think that is basically Martin Armstrong's position too, what I have called at the margin you have called short term I presume. I am hoping either that the securities exchange guardians (such as they are) stop manipulation in its tracks, or the market cycle uptick kicks in sooner than you seem to think it will. Either way I think there is considerable pent-up demand for pm's, which normally engages very quickly when it does. Thanks for your reply, and best to you..... Ike