Teds work is followed by many institutions, such as Sprott Asset Management and PFS Group. He has researched the commodity markets actively for 3 decades. Internationally well known for his writings on silver, gold, commodities and the COT (commitment of traders) report. In this interview Ted discusses the gold and silver markets and the underlying commitment of traders report.
10:1?
Oh boy! Now I’m super excited!!! Must buy more silver NOW!!!
Ted Butler has the pulse of Silver Mkt. Gaming!
Quasi-Gov’t “too big to fail” Banks have been acting like Hedge Funds lately, making “casino” bets with TARP/Taxpayer. But, WHY Short Silver so heavily, when it’s in such SHORT SUPPLY? Shore up USDollar for UNCLE BERNIE’$ BAILOUT PRINTING PONZI??
The Obvious Manipulation by Huge Concentrated Naked Shorts must end soon.
If CFTC forces 3/4 unwind of Short Positions:
SILVER SKYROCKETS to MOON!!
Get Bullion! Max Mine Leverage? Chart SLW vs SLV!
can somebody say bullionaire? becasue we are it baby
Gary Gensler was appointed by Obama. His administration consists of people from Wall Street. If you think the manipulation of silver or anything else traded on an exchange will end then you are a crackpot Mr. Butler.
I want to see silver 2000 per ounce!
Geologically gold is about 20x rarer than silver in the earth’s crust. Silver is used a lot more for industrial purposes, and known silver mines at current rates are expected to expire in the next decade or two.
It is possible for more silver mines to be discovered. But the quantity they would have to find for current consumer demand makes it very unlikely.
Ted Butler sells doom and gloom. Why ? Because people eat it up. Silver hasn’t even toped its 1979/80 high of 30 years ago when these doom and gloom market gurus were saying the same back then.
i want you to be right!
agreed. A 2-minute google research session will show that this guy Gensler isn’t going to anything that he isn’t TOLD to do. He’ll probably go in and make a lot of noise about certain commodities and he won’t touch Gold/Silver.
Gensler is a tool.
Is it possible that the price has been manipulated so that the US government has enough time to stock up ? After all if your buying it from foreign countries in US dollars and your pinting the stuff then you have a lot to gain when you finally cut short positions.
Gensier may well be a tool but is he being told to cut short position ? After all theres not a lot of silver floating around.
Whatever he does should be viewed with skepticism…
WE HAVE BEEN HEARING THIS FOR A LONG TIME . If this comes i dont think it will come from the regulators. the banks have deep pockets and goldman-gov-co will bribe whoever it takes to keep the status quo going
I have a silver fork. I bought it at a garage sale last week. I may buy another one next week. I’m going to be rich.
That was a good come back mdt. Although I’m inclined to believe you own more than just a fork :>)
LOL…Yeah. Silverware. LOL! I have a whole bunch of “Silverware” Oh, know wonder why Burgulars always go for the silverware when they rob people’s houses. LOL Damn!
DO NOT BUY SILVER / GOLD.
When the ‘Royal Mint’ is advertising on TV you know its over.This is 2004-6 in the property bubble. The professionals have bought cheap, and the rest of us poor schmuks are panic buying incase we miss out. And ma man ‘ The Schiff’ is whooping up the hysteria
Don’t be an idiot and buy Silver now while it’s still cheap,USA geologist society have predicted it would be the first element of the periodic table to run out by 2020…HENCE why China is now offering it’s residents Silver bullion bars directly from in their bank branch!..the first time in over fifty years have they been allowed to own gold and silver.The money we use everyday is based on NOTHING,we are witnessing the collapse of the Fiat system and a return to real money based on something!
DO NOT listen to ANTIDALLARD. The fundamentals would have to completely reverse for PMs to be a bad investment. Corrections are sure to come, like the one we’ve had the past few days, but the bull market is FAR from over; we have only seen the opening act. Gold is not in a bubble-if it were, everyone would be buying, but they’re not. I only know three other people who have actually bought PMs. Three people buying gold out of the hundreds of people I know hardly suggests a bubble.
Gensler is going to have to do something, whether he wants to or not. The market is gaining momentum quickly and even if the shorts keep upping the ante, they are soon not going to be able to deliver and the whole world will know about the detestable criminal organization that is the comex and federal reserve. Still wondering if Gensler will start cutting down on metal shorts to keep from having a total meltdown. Guess we’ll know more sometime this month. Burn comex burn.
CFTC to Hold Open Meeting on a Proposed Position Limits Rule
Washington, DC The United States Commodity Futures Trading Commission (CFTC) will hold a public meeting on Thursday, January 14, 2010, to consider issuance of a proposed rule on energy position limits and hedge exemptions on regulated futures exchanges, derivatives transaction execution facilities and electronic trading facilities.
Viva Ted Butler and there’s another interesting one who does LONG researches.
@goldtothemoon So what ever happened with the position limits, are they going to do it?