[Selene]

Hi, Silverman,

Hmmm....interesting analysis. Thanks.

I've known of John Embry's work for years - he's very, very good. And for him to invoke Don Coxe - a superb strategist - here.....Wow. These guys are pillars of the orthodox investment crowd with eminent track records. They aren't just "anybody".....

Manipulation in the gold market, they say? It could only make sense if "someone/several" is hoping to buy up all the gold/silver cheaply before the worm turns and the New Currency (whatever that may become) declares itself to be based on gold/silver holdings. And the Embry/Coxe comments do suggest that "someone/several" with a lottsa bucks and savvy are indeed hedging their bets Bigtime.

The only reason I am guessing that a New Currency would be based on precious metals is that - actually, I have been quietly following this topic for a few decades (!) - no one, really, has proposed a better or more workable alternative base measure for the value of money.

Excuse me while I adjust my tin hat......!

Regards,
Selene