We haven't seen these violent moves [in prices] in several weeks.

I've been out here 27 years and have seen a lot of really bad weeks with rain, but haven't ever seen it that bad. Everything just lined up against us to keep the tournament on hold.

Silver has new sponsorship. We are starting to see new funds coming into silver. Part of it has to do with the fact that a lot of traders who follow gold and silver think the silver/gold ratio was out of kilter.

Funds are buying gold because they notice the decoupling from the euro and the decoupling from the energy market.

They actually ran a very good, under CFTC oversight and under exchange oversight, futures business, where all customers were always properly margined.

Gold is a safe haven. We have major political problems in Iran and energy problems in Nigeria.