Izzy Friedman explains optimism for silver; Ted Butler reports on CBOT

8:36p ET Tuesday, October 10, 2006

Dear Friend of GATA and Gold:

Izzy Friedman, mentor of silver market analyst Ted Butler, writes in "Silver for the Optimist, Gold for the Pessimist" that silver's prospects are better than gold's because of silver's tighter supply. And Butler reports on his notification of the Chicago Board of Trade that the concentration of silver shorts on the New York Mercantile Exchange's Comex division has wormed itself into the CBOT as well.

You can find the latest from Friedman and Butler at GoldSeek's companion site, SilverSeek, here:

http://news.silverseek.com/TedButler/1160513112.php

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

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