gold back in favor with two big name investors, john paulson and george sorros bought more gld in the skd quarter. that's the second time paulson has added to his gold position since 009. sorros sold stakes in jpm, citigroup, new positions in walmart and facebook. take a look at gld this morning. they're down -- as of yesterday's trade, down about 0.5%. we know it's been a rough couple of days for gold. the real question is are paulson and sorros identifying a buying opportunity or is this trade just not working? >> we got down to 1520, right, which is -- and since then we formed quite a business. long-term they tell you that's solid -- dmru like the look of that chart. >> i'm not a huge chartist but a lot of people use it. much will depend -- >> quantitative easing, jackson hole, keep that in mind. >>> still to come on the program this morning, record-breaking droughts have left america's farmers high and driveway. is there any end in sight? > >>> just woken up ahead of u.s. open, european stocks are down slightly. not huge losses. down a third of a quarter of a percent from ftse to