Richard RussellGood post CG, I can remember in 1980 during the oil bust I was reading the Dow Theory Letters at my grandmothers (came in the mail), and he gave the advice of buying Exxon at the bottom. She bought 200 shares and it proved to be a very wise piece of advice. I just bought 1000 shares at 36 US with almost a 10 percent dividend. We will see how that plays out. Oil will be a good hedge against inflation. RR use to speak of gold as the only place to go in true times of crisis. His thesis was always that gold survived all and that all currencies eventually fail. He studied history. He was so correct maintaining a primary trend of bull on the dow all through these years until his death. He was ever vigilant for a turn but he never saw it. He particularly liked Newmont as a company. I wish his primary trend indicator was still available. It was proven to be one of the greatest tools ever developed. He wrote of human nature because in the end the markets are human. We think the are now machine controlled, but they are no more controllable than a solar eruption. A mini-ice age would instantly change everything. Gold will win the day in the end. How long? Jeremy Grantham says soon- 3 to 6 months. Maybe we should listen to him for a change. He has been laughed out of the room as has Robert Prechter, Gary Shilling, and all the great two way thinkers. I ramble, and throat is sore. That is my main symptom. A new drug in India (old drug developed by Indian company) shows great promise. Fabiflu. Keep an eye on it. It is not available in the U.S. ---wonder why?????