10:24p ET Tuesday, August 8, 2006

Dear Friend of GATA and Gold:

Silver market analyst and GATA consultant Ted Butler has written what may be his most profound commentary, arguing that the world has never seen a free market in silver but that the current price manipulation, a result of the long dishoarding of silver by
governments that formerly used it for coinage, is sure to fail, and probably soon.

Butler's commentary is titled "A Blind Man's World" and you can find it at GoldSeek's companion site, SilverSeek, here:

http://news.silverseek.com/TedButler/1155064922.php [1]

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