yamana gold surging 5% today after receiving a joint buyout offer from pan american silver.hey originally had to take over in may, but deems this new offer superior. coe asks the great rhetorical question. why aren't you buying too? that's a good question. so, mike, tell us how to do that. >> yeah. this is an interesting situation. it is not as if capital has become cheaper over the course of time since we saw goldfields making that bid for yamana several months ago. yet here we are with two other competitors indicating they want to get in on the action. nobody knows the industry better than its own participants. let's take a look at some of the fundamental drivers. first of all, we've obviously been seeing rising rates. with rising rates, we've gotten a rising dollar. that is usually not so good on a relative basis for commodity prices. also with the recession, what is typically not so good for commodities either, the precious metals, maybe not as much, but, still, there is 11% or so use for industrial gold. and, of course, we've seen several years now of inflation, rising