It looks like we may have seen the bottom for ECU. Bernanke's speech today implies a 50 bps rate cut coming and a lower US dollar. This augurs well for the price of gold going over $900 and silver over $17 next week. Bernanke:

"In an unusually blunt speech, Bernanke said the economic outlook has taken a turn for the worse in the early days of the new year and that the Fed stands ready to act aggressively to ward off further weakening. "

DId any of you see the letter to Bank of Canda Governor - David Dodge that was referred to in Casey's update this AM? The implied manipulation of the gold and silver market is beyond belief. Well worth a read.  http://www.safehaven.com/showarticle.cfm?id=9183&pv=1