I have really enjoyed your posts on Seeking Alpha. I think the Royalty models of RGLD and TRE will really come into focus over the next month or so, as traders begin to drill down to individual stocks & stories after the initial dust of this massive breakout in gold and silver settles down.

Costs are rising (NEM is a great example) and production is flat for many of the large producers and I think the royalty plays will very soon have their day in the sun.

Sinclair has recently returned from China. I’m curious as to what TRE has unfolding come 2008. This will be an interesting year for TRE and Sinclair - as much of what he’s been predicting for the last few years is now unfolding in the U.S. Dollar and with Bernanke and inflation.

If you are interested in my 2 cents on Bernanke, Gold and inflation; I penned a post along with some charts that speak volumes about how the market felt about what I call:

“Bernanke’s Blink”

http://goldsilverstockcharts.wordpress.com/2007/09/30/ben-bernanke-blinks-and-the-market-calls/

Silver is lagging the move in gold a bit, so I’ve actually been adding more silver stocks than gold of late.

SLW, SIL, PAAS, HL and the silver ETF “SLV.”

I think 2008 is going to be the year Gold and Silver dominate the headlines.

All the best,

Michael Cerulean

http://earnosestocks.blogspot.com/

http://goldstockprophet.blogspot.com/

Best Regards,

Paul Wills, M.D.,F.A.C.S.