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Ted Butler: Still extreme

Section: Daily Dispatches

2:50p ET Tuesday, September 25, 2007

Dear Friend of GATA and Gold:

Silver market analyst Ted Butler writes that the traders reports for gold have turned heavily negative even as they remain hugely positive for silver. So Butler is afraid that a plunge in gold will be used to undermine silver as well. But he also sees indications that the traditional big shorts in silver want to make less of a career of betting against the price. Butler's new report is titled "Still Extreme" and you can find it at GoldSeek's companion site, SilverSeek, here:

http://news.silverseek.com/TedButler/1190745461.php

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

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