For what it's worth...Just on CNBC...one of the talkiing head guests (I've seen him before...can't remember his name) reiterated the belief of many that we are in a worsening unprecedented credit crisis.  The cut in the FED Funjds rate will not help this except to push gold higher.  Asked about whether to buy equities...he said to stay away from stocks except for the gold equities.

BTW...big money buys speculative stocks as well as sells them.  I say that a rising tide lifts all boats.. KRY goes higher with bullion.  Share price will accelarate to the high side with the rest of the ignored and beaten down juniors.  I firmly believe that institutional money will buy KRY shares as a upside speculative gold play.  WHAT BETTER TIME TO BUY A SPECULATIVE GOLD STOCK THAN IN A RAGING BULL GOLD MARKET....ESPECIALLY WHEN THAT STOCK HAS BEEN EXCESSIVELY BATTERED.   WE SEE 3.0 WITHIN 2 WEEKS.  The futuer is so bright we have to wear shades:)