Israel Friedman: Physical silver, yes; speculation, no


5:24p ET Wednesday, July 19, 2006

Dear Friend of GATA and Gold:

Israel Friedman, mentor to silver market analyst Ted Butler, has taken over the commentary of his student this week with "Physical Silver, Yes; Speculation, No," posted at GoldSeek's companion site, SilverSeek, here:

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.