Overnight the $ index fell below then recovered to just above 80. I doubt seriously if the puppet masters can keep the $ from its continued weakness. I believe this action in the $ is a global reaction to the combined weakness in the US economy, the corruption within our financial institutions and the massive increase in the money supply.

I see the $ in retreat with the Fed and treasury trying to keep the fall slow as to avoid absolute panic selling. Coincident will be the inverse action in gold and silver, a steady rise with no big explosion (yet).

This bodes well for the metals, but I fear we will have to wait some time for institutional and individual confidence to return to our little sector. Undertandably, confidence may be slow to develop. Those of us who understand real money, who believe in the sector and our little silver gem, will have few resources available to accumulate at these prices, while others who do not understand the precious metals, are shell shocked and need to see steady, sustained performance before jumping in.

This is the time for us to get our positions set and watch as we rebuild what was destroyed in the US spawned financial Armageddon. We may see more days like yesterday with physical silver out performing the % rise in the junior pm stocks. Hold tight, our day is comming, and what a day it will be.