I've got the Sit Tight part down pat. Usually, I can now watch my juniors get yanked around as if they're on a yo yo with only a yawn as a reaction. But when they get pummeled for 7or 8 percent in a day, as has happened recently, and stomped on again day after day, and when my little band of juniors can tank in excess of 50 grand in a couple of hours, I begin to wonder about the Be Right part.

However, I'm getting much better at the Be Right part as time goes by and as the fundamental picture relating to gold and silver keeps on solidifying. Most of the credit for that goes to the insight posted by many here, including references to relevant reports and analyses that I otherwise would no doubt miss. Thanks to one and all.

One such just out today is another Jim Rickards beauty referred to, as usual, by GATA. If interested:

Dear Friend of GATA and Gold:

Market analyst James G. Rickards of Omnis Inc. in Virginia tells King World News that gold's recent dip is irrelevant to the metal's fundamentals and that the only way out of the worldwide economic depression is debt devaluation. The interview is 11 minutes long and you can listen to it at King World News here:

http://kingworldnews.com/kingworldnews/Broadcast/Entries/2011/1/27_Jim_R...

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.