Metals now strongly bullish, Ted Butler tells King World News
July 24, 2010 by goldguru · Leave a Comment
12 noon ET, Saturday, July 24, 2010
Dear Friend of GATA and Gold (and Silver):
Silver market analyst Ted Butler tells Eric King of King World News that the big commercial shorts have massively closed positions on the New York Commodity Exchange and he sees gold’s bullish prospects as 85 percent and silver’s nearly 100 percent. Butler adds that he’s encouraged about persuading the U.S. Commodity Futures Trading Commission to adopt effective position limits in precious metals futures trading now that new law requires the commission to set limits. Butler compliments CFTC Commissioner Bart Chilton for his work on the issue and his responsiveness to the public. You can listen to the interview at King World News here:
http://kingworldnews.com/kingworldnews/Broadcast_Gold+/Entries/2010/7/24…
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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