"A recent report issued by Silver Investing News says that silver production was expected to increase by 30 million ounces in 2011 and by a similar amount this year. According the report, "Silver is a commodity in surplus and there is little indication that will change anytime soon.""

I was watching a daily programme yesterday where they regularly show young programmers who come up with new ideas for new apps for the internet or social networks like Facebook.

Why doesn't anyone of these young kids develop a programme or site for the financial sector that feeds back on the outcome of analyst predictions after 3, 6, 12 or 36 months? It doesn't cost a lot to set up and there must be a tremendous need on behalf of pension funds etc to know how the predictions of these socalled independent analyst firms perform over time. Easy to give them a score and a ranking. All these investment funds have to do is check on the past score, so they will know whether to take any new analysis serious or not.

Such a score would for instance immediately finish off the guy from Goldman Sachs who regularly predicts changes in the Euro/dollar ratio and who according to zerohedge scored 8/8 as the perfect contrarian indicator.

When will media reassume their so important role as independent force instead of crony capitalist collaborators?