  I report on recent work done in collaboration with Irinel Caprini and
Gilberto Colangelo. We observe that the Roy equations lead to a representation
of the pion pion scattering amplitude that exclusively involves observable
quantities, but is valid for complex values of s. At low energies, this
representation is dominated by the contributions from the two subtraction
constants, which are known to remarkable precision from the low energy theorems
of chiral perturbation theory. Evaluating the remaining contributions on the
basis of the available data, we demonstrate that the lowest resonance carries
the quantum numbers of the vacuum and occurs in the vicinity of the threshold.
Although the uncertainties in the data are substantial, the pole position can
be calculated quite accurately, because it occurs in the region where the
amplitude is dominated by the subtractions. The calculation neatly illustrates
the fact that the dynamics of the Goldstone bosons is governed by the
symmetries of QCD.
