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Ted Butler: The key test ahead in silver
10:15a ET Friday, August 4, 2017
Dear Friend of GATA and Gold:
Silver market analyst Ted Butler writes today that the London Bullion Market Association's report this week on gold and silver bullion held in London-area vaults indicates that silver supplies are substantially lower than had been assumed. Butler adds that he is losing confidence in the new enforcement director of the U.S. Commodity Futures Trading Commission, James McDonald, as JPMorganChase continues its domination of the silver market. Butler's analysis is headlined "The Key Test Ahead" and it's posted at GoldSeek's companion site, SilverSeek, here --
-- and at 24hGold here:
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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