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

Section:

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:

http://www.kingworldnews.com/kingworldnews/Broadcast_Gold+/Entries/2010/...

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

* * *

Support GATA by purchasing a colorful GATA T-shirt:

http://gata.org/tshirts

Or a colorful poster of GATA's full-page ad in The Wall Street Journal on January 31, 2009:

http://www.cartserver.com/sc/cart.cgi

Or a video disc of GATA's 2005 Gold Rush 21 conference in the Yukon:

http://www.goldrush21.com/

* * *

Help keep GATA going

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:

http://www.gata.org

To contribute to GATA, please visit:

http://www.gata.org/node/16