Ted Butler: Another sick new record

Section:

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:

http://news.silverseek.com/TedButler/1210018234.php

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

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