Ted Butler: Another sick new record


8:30p ET Monday, May 5, 2008

Dear Friend of GATA and Gold:

Silver market analyst Ted Butler reports tonight that the concentration of the short position in silver on the New York commodities exchange has reached a new high and that the commercial short position did not fall at all despite the recent $2 decline in silver. As a result, believing that the shorts cannot get any shorter, Butler expects silver to have a big rally soon. You can read his new commentary, "Another Sick New Record," at GoldSeek's companion site, SilverSeek, here:


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

* * *

Join GATA here:

Vancouver World Resource Investment Conference
Sunday-Monday, June 15-16, 2008
Vancouver Exhibition and Convention Centre

* * *

Help Keep GATA Going

GATA is a civil rights and educational organization
based in the United States and tax-exempt under the
U.S. Internal Revenue Code. Its e-mail dispatches are
free, and you can subscribe at http://www.gata.org/.

GATA is grateful for financial contributions, which
are federally tax-deductible in the United States.