You guys are all right but please don't puke on me, I'm looking toward the future. What do you believe the Chinese are thinking when these markets get pushed lower while holding all those decaying greenbacks??? I'll tell you what they say, "look at these stupid short sighted Americans, give me a phone we're got some orders to enter."

The Chinese, more than likely, are buying up to 4.99% interest in many pm stocks which means they don't have to file an insider report in the US. I suspected that they were buying into ECU a point higher or so with one broker and now are probably buying into us again with Nesbitt as their representative. So what, they can't buy in on the low? Jim Rogers the successful commodities guy says he can't do it either but that doesn't stop him from raking in the money over the long term.

I watch Royal Gold(RGLD) to get a general handle on things in the sector. RGLD looks to be completing its recent weakness as it is in its 5th day of a Joe Granville declining field formation. During the big rout a few months back it bottomed on the 7th downtick in the field.

Don't let these market miscreats unsettle you.

What really concerns me is that someday I'll be walking down the street and one of them wipes me when their gig is up.