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The fundamentals for gold in the world economy appear to be stronger than ever. Despite recent volatility, gold is up 42.6% since January 1, 2007 while the S&P is down 36.9% (source: Casey Research, October 2008). Additionally, the bullion gold shortage, the disconnect between gold's price and availability, and the lack of new gold resource discoveries has added fuel to what is bound to be a raging bull market in the next several years! If we are part of the shortest commodity bull market, which was 16 years, then we are only half way into this one. All these factors will create an excellent market for Eaglecrest to continue its expansion of a gold resource at San Simon.

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