Thanks I appreciate it. Most commodities are cheap at the moment. SILVER is the cheapest. M2 Money Supply is easy to explain as a comparison to shares issued in a company. When the company issues more shares say to raise capital the origial shares are diluted. The Market Cap may remain the same but each share effectively is worth less in value terms. This is the same with the $USD. Effectively what they are doing is issuing more currency that is backed by the same asset. The problem the fed has done is issue more dollars but at the same time using Silver Derivatives send the price down in the total opposite direction..!! SILVER could effectively trade at $900oz and I would not be phased in the slightest. Why? Because the US still has to find $330 trillion of to pay for the future unfunded liabilities..!! Where's this going to come from? Nobody ever wants to talk about it, but I see it as massive problem. Our $700oz SILVER is actually conservative the REAL number is much much much higher..!! Stephen