Seems another 2 million ounces were withdrawn Friday, I make that around 5 million for the week, now below 120 mill. If/when stocks drop below 100mill level it should get a lot of attention and the shorts will get very very nervous, maybe we'll see a stampede. In the meantime I'm sure they'll try every trick possible as in the gold shenanigans with Deutsche Bank, but their time is running out.

It was good to hear that ECU was mentioned in Marc Faber's note, he's been very accurate over the last several years in his forecasts of the unfolding mess in the financial markets and global economy. I'm confident that in ECU's case his stock-picking will turn out to be just as accurate.

DNB