Ted Butler: The bomb squad


5:50p CET Thursday, November 5, 2009

Dear Friend of GATA and Gold (and Silver):

Silver market analyst Ted Butler writes in commentary posted at GoldSeek today (and excerpted from his newsletter) that the moment of decision on commodity futures position limits is near for the U.S. Commodity Futures Trading Commission. Butler cites speeches made this week by CFTC Chairman Gary Gensler and Commissioner Bart Chilton and repeats his optimism that something will be done to compel JPMorganChase to break up its grotesque short position in silver. Butler's commentary is headlined "The Bomb Squad" and you can find it at GoldSeek's companion site, SilverSeek, here:


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

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