Ted Butler: Last gasp for the big commercial shorts in gold and silver?


10a MT Saturday, February 6, 2010

Dear Friend of GATA and Gold (and Silver):

Silver market analyst Ted Butler, interviewed from the Phoenix Resource Investment Conference and Silver Summit by Eric King of King World News, reports that the big commercial shorts likely now have cleaned out the technical fund longs in gold and silver. Butler suspects that this cleanout may be a last gasp before CFTC regulation or new law in turn knocks the big commercial shorts out of the market. The interview with Butler is about eight minutes long and you can listen to it here:


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

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Thursday and Friday, February 4 and 5, 2010
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Glendale, Arizona

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