yesterday merrill lynch finally managed to find a buyer. lehman couldn't, and went belly up. then the insurance giant aig mentioned that they will need another $40 billion to stay in business; this is after they already raised $20 billion earlier this year.

not only will we see the creation of enormous amounts of money, but this opens the prospect of a fed rate cut. the case for gold and silver could hardly be more bullish, and the metals took off in asia, where they still have free markets.

then the 2% rule kicked in; gold was stopped at 785, and silver followed. this situation will not last forever. the supply/demand imbalance continues to grow, and these artificially low prices will act only to increase demand and reduce supply.

in the meanwhile, try to find some physical silver.