Morgan not yet going short again against metals rally, Butler tells King


10:45a ET Saturday, March 6, 2010

Dear Friend of GATA and Gold (and Silver):

Metals market analyst Ted Butler says the structure of the futures market in gold and silver is supremely bullish as JPMorgan Chase has not yet begun selling short against the new rally, which, as a result, Butler says, may have a long way to go. Butler comments in his weekly interview with Eric King of King World News, which you can find here:

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

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