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Credit for Butler and Hommel, but none for the CFTC

Section: Daily Dispatches

9:45p ET Friday, May 30, 2008

Dear Friend of GATA and Gold:

New commentary by's David Morgan reviews the efforts of silver market analyst Ted Butler and Silver Stock Report editor Jason Hommel to warn the world that there's a big difference between silver in hand and silver held for you by counterparties. Morgan's commentary is headlined "Silver -- Is It Yours?" and you can find it at GoldSeek's companion site, SilverSeek, here:

Meanwhile, also at SilverSeek, market transparency agitator Bix Weir replies point by point to the latest report from the U.S. Commodity Futures Trading Commission that concluded that the silver market isn't manipulated. Weir's essay is headlined "CFTC Silver Manipulation Investigation: Six Strikes and Yer Out!" and you can find it here:

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

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