I agree with you 100% and well reported.

These miscreants are running around breaking all the accurate financial thermometers and killing the golden messengers of bad news in their evil quest to hide the TRUTH concerning the inevitable future of gold and silver based on the past foolish recklessness in lending practices by the banks and mortgage companies in addition to the endless failings of the unregulated derivatives market. The National Australian Bank appears to be one of the first ones with any nerve to step away from all this cow dung.

These thugs are the same group that chase around insolvent sinking banks and mortgage companies with a bag of their bogus bills exchanging them for our children's future.

This board. IMHO, is the most educated of all. There is an abundance of outstanding contributors which I am thankful for.

My main background and interests are in analyzing and sizing up historical price behavior. I have noticed today that the ratio between gold and the XAU Index is at 5.47. The ratio has been an excellent forecasting tool in the past. Generally, when the ratio is above the 5 level it's buying time and below the 3 level, it's selling time for the producing gold and silver stocks.

I have noticed on the chart in the past three or four years that the gold and silver stocks have been at their best buying time when the ratio was in the general area of 5.50. Again, today the ratio is currently at 5.47.

Good luck to all.

Go ECU!!