There's an interesting article in the Toronto Globe & Mail this morning. I thought that everyone might be interested in reading it. It certainly underlines (for me) one of the major reasons for the precipitous declines in commodity share prices.

http://www.reportonbusiness.com/serv...

The paragraph that really strikes home is this one:

"Mr. Sprott didn't see those declines coming, especially in gold, in large part because he never regulators to act so aggressively to bail out the financial system."

So I guess until the housing market in the US rights itself - which might take some time - we're going to have to endure a difficult commodities market. But it will right itself, and I think with a vengeance. Boy, am I looking forward to that day.

Hang tight, folks. A good time is a-comin'.

Snug