there has been, as it were, realtime commentary by mr. brown and he strongly denies there was any such conversation. he said the only conversation he had with you took place in relation to a letter he wrote to the mother of a soldier killed in afghanistan. can i take it in stages. do you remember a conversation with mr. brown over that matter? >> over? >> over that matter. namely the letter he wrote to the mother of a british soldier killed in afghanistan. >> i don't remember a conversation with mr. brown about that. although at the time i think i spoke to the editor and i thought it was too hard on mr. brown. that he had taken the trouble to write to the mother, obviously in a hurry. his handwriting wasn't very good. but it seemed to be very cruel because he had taken the trouble. but i don't think i rang him personally to apologize or talk about it. i may have. but as for the other conversation which he's denied, i said that very carefully yesterday under oath and i stand by every word of it. and i would just point out you didn't touch

let's get your realtime trade from steve cortez, founder of veracruz and a cnbc contributor. we had some commentaryrom the desk already that was negative on gold. silver is following suit today. >> yeah, scott, and i concur on gold although i would rather short silver. three week reasons. the first is weakness in asia. indian shares trading at a three month low that is typically extremely important for precious metals taiwan lowered a ten week low. the second one qe. i do not believe quantitative easing simment in in this election year. and the third one is simply the silver chart. it is trading poorly on its own. it is underperforming gold so gold is weak but silver is worse. that indicates to me that retail money is far too provent in to the cheaper silver story. >> two of the reasons could just be gold you're talking about, as well. the third obviously is more silver specific. >> exactly. and that's why i short silver. i'm doing this primarily through the inverse epf, the dfl, i was long for a couple weeks, i added to that position basically right here at 11:50. i think in a world of low greth a