Ted Butler: What happens at $100 silver?


5p ET Monday, December 4, 2006

Dear Friend of GATA and Gold:

Silver market analyst Ted Butler's new essay is a speculation on which silver-related investments will do best as the price of silver reaches $100. Butler's preference is for real metal rather than mining shares -- particularly U.S. silver eagles. His essay is titled "What Happens at $100 Silver?" and you can find it at GoldSeek's companion site, SilverSeek, here:


Whatever else happens at $100 silver, the old men of GATA will start looking a lot more attractive to younger women. Our technical analysis suggests that, for these particular purposes, every $10 increase in the silver price is likely to take 12 years off our age or 15 pounds off our weight, or an average of those numbers off both age and weight. Then we'll leave Jim Sinclair and the other chartists to their French curves while we enjoy our own.

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

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