Pic, If you want to track IKE as it closes in on Texas, check out one of my favorite sites. Interactive and all that. Recently, I've been using it a lot: http://www.stormpulse.com/
Also, the old standby: http://www.nhc.noaa.gov/
Looks like another day, another hold your breath day.
The majority of my juniors are producers to some degree, and it is going to be really tough on all of them to ever make ends meet down the road with silver getting clocked the way it is. Some were still losing money at $17 silver, so what to do with silver 5 bucks lower. No wonder the juniors are getting hammered. Come to think of it, the majors are getting it too. The HUI components have all been red, red, red, for days, it seems. So I wonder who's first to go belly up, if this keeps up. Probably one of mine. And forget about floating new stock with prices back into the pennies and no one to borrow from The worse it gets the worse it gets.
Which is why I wonder what the heck is really going on with these metals. Is it just business as usual, or is it a deliberate attempt to drive companies out of business, discourage PM investors, hammer the PM speculators into the ground, etc? Is it the cartel doing it, the quants and their black boxes, nervous nellies, or what?
Goldman Sachs, the in-the-know Darth Vader of precious metals, should know, if anyone does, and they have been reducing their short position, at least their gold position on the TOCOM, for the past several months to such low levels that some analysts considered it the basis for a moon shot. If the govt. is behind the clobbering, you'd think Goldman Sachs would be the first to know and wouldn't be covering shorts. So, if they know something we don't, it should surface one of these days.