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Silver market analyst Ted Butler interviewed by King World News

Section: Daily Dispatches

4:10p ET Saturday, October 31, 2009

Dear Friend of GATA and Gold (and Silver):

Silver market analyst Ted Butler was interviewed for 11 minutes Friday by Eric King of King World News. Butler reviewed data suggesting that the silver exchange-traded fund, SLV, has been subject to a large amount of naked short selling and that the shorts had much trouble coming up with real metal to cover the shorting. Butler also reported that the commitment of traders data continues as overwhelmingly negative to silver. A selloff in silver now, Butler said, would create a spectacular buying opportunity. You can listen to the interview at the King World News Internet site here:

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

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