I agree with Crimson in that we are barely, if at all, within the second phase. People I talk to have absolutely no concept of the fragile state of the dollar and the value of gold & silver. These are very educated people who have left their investment decisions to their advisors. These advisors are clueless as to precious metals and the energy sector. Its rather sad, and clearly one of the many reasons that gold & silver continue to sell off-----and why we sit tight while the shares continue to be hammered.............