Sunday, November 21, 2010

Ted Butler : The End Of Silver Price Manipulation & The Coming Silver Supply Crunch

Ted Butler : The End Of Silver Price Manipulation & The Coming Silver Supply Crunch

Chris Martenson who recently launched a fascinating series of interviews and podcasts with a variety of the most interesting pundits in the world, chats with Ted Butler, discussing such germane items as why silver has such a compelling value story, the coming silver supply crunch, the argument behind the allegations of silver price manipulation, drivers behind the recent price action in silver, why price volatility will increase and the expected outcome of the CFTC's investigation and why Ted thinks it will be "a bombshell for the silver market."

Interview with Ted Butler: The End of Silver Price Manipulation

2010 has been an exceptional year for silver. The price has increased over 50% to-date, and the CFTC (the US commodity regulatory body) issued a statement last month admitting that the market price of silver may have been (and still may be) fraudulently manipulated. An investigation is underway.

Ted Butler is one of the pre-eminent commentators on the silver market. In addition to his decades following the metal, he's spent years raising suspicions about silver's suppression by a few large banks taking on egregiously large short positions. The current CFTC action is a direct result of Ted's activism.
http://www.zerohedge.com/article/chri...

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