Hi jmreport, based on experience and latest data analysis, we may only be days to weeks away from a major move in PM's. The Western central banks are slowly losing control. The items that they want to inflate, equities and real estate, are tanking, while items that they want to suppress, metals, food prices, crude, are soaring. In fact, their historic saviour, the printing presses, are actually worsening conditions for them this time. Even their data manipulation and media spin are beginning to lose effect as the masses begin to sniff out the actual financial rot.

Physical silver shortages are now widespread and worsening. Again, the masses are increasingly becoming aware of the paper suppression scheme and taking advantage of it by accumulating physical silver with whatever spare paper they can muster. As Sharkey alluded to earlier today with his post, the big miners are reporting much improved quarterlies, which are tough to ignore when just about every other sector is seeing reduced earnings. Even GAM had a decent day today. The Venture Exchange performed strongly today as it finished positive while the other exchanges reeled and PM's got taken down in London and NY. This seed should take root very soon.

Crude is showing extreme strength despite the weakening U.S. economy. Too bad GS recently put out their buy crude alert as their calls are extremely suspect at best. This is a big week for the central banks as key equity markets are nearing major resistance levels. Thus far, the equity markets have performed poorly, which is not good for the manipulators as their recent efforts appear to be failing. Tomorrow with the BofE and ECB announcements, we will see some direction for PM's.

Cheers - VHF