Those formerly optimistic or high risk investors ( the dregs who have not yet capitulated) are now very conservative...ultra conservative. Talk of 20 baggers has been anhilated. That is now considerd tinfoil hat stuff. That would be considered border line insane. Former rainbow seekers now seek vaguely visual, misty, dim light o'er yon distant horizon. A tiny foot-hold now takes the place of an olympic winning pole vault.

Investments must be made with surety and the backing of those who control the markets. Timerity reigns. Dissenters are told openly or otherwise, they will be crushed even if the means of crushing them are openly (CFTC, COMEX, PPT, FED) corrupt and obviously corrupt: play ball or duck.

"Yes, we are corrupt and we are too powerful for you miserable, honest dissenters and we don't care how much you scream. We will smash mouth you. We can print dollars to deny nature if necessary. We will defy gravity forever. We are corrupt for the good of the markets and our own good fortunes. If you challenge us, you will lose...as we have proven for several years now. Glad to see you are now in getting line with your meek projections and your destroyed confidence in the PMs. We will throw you peanuts from time to time...but don't get excited. History matters not. The facts matter not. We are MOPE. We will determine your fate."

I can't believe what I am seeing. To think that we have actually had our expectations of a potential billion ounce silver deposit reduced to dim hope and demand for gold-bars- on- the- table for profit....money in the bank only... and that it is worth only 70 cents going forward, is so far removed from the reality of the fundamentals that it is plain to see "they have won". Pavlov was right. To see that intelligent, educated, reasonable people have been so indoctrinated due to years of propaganda only tells me one thing; we are close to a sea change/tsunami/black swan event/new paradigm...whatever. The dissenters are either officially disarmed or opaquely recruited. I am saddened to see that so many far brighter than me have succumbed..and don't even realize it. How utterly sad.

Revisionsism succeeds only until it is destroyed by the lagging indicator of reality.

One day, don't know when, we will all look back at the microcosm of ECU and shake our heads in disbelief that we were all actually taken in by it all.

Until then....