OK ... perhaps I have snapped ... when a regular plebe like me actually starts believing that even warren Buffet has got it wrong, perhaps I've lost it!!!

But on May 24 2002, the price of Barrick hit a high of 36.05 that was not exceeded until Feb 2006.

In may 2002 gold prices never exceeded 330 and Feb 06 it was never lower than 535.

Today gold collapsed below 800 while the biggest cost of production once gold is found; oil has retraced 50% from the peak.

Barrick today is trading at under 29.

What are people buying? ... is Buffet throwing out the ultimate head fake?

The fiasco created by greed really has deluded people into following the pack of lemings jumping off the cliff .... I'm sticking with gold & silver ... might even trade the house for gold ... buy it back later for 1/5 to 1/10 the price I get now.

I am convinced more than ever this is going to get worse than you could ever imagine .... the rescue is not going to work and we will be seeing the dow and the tsx below 2000.

I'm not sure I have anything else to say .... I will monitor the board but I am at a loss for further comment at this moment!

Orgy