Ted Butler: A nice setup for silver

Section:

1:19p ET Tuesday, April 14, 2009

Dear Friend of GATA and Gold (and Silver):

Silver market analyst Ted Butler reports that the commercial traders in silver have greatly reduced their short position even as that position has become still more concentrated. The situation, he concludes, is extremely bullish for silver. Butler's new commentary is headlined "A Nice Setup" and you can find it at GoldSeek's companion site, SilverSeek, here:

http://news.silverseek.com/TedButler/1239727361.php

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

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