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Ted Butler: The good, bad, and ugly
11:11a HKT Tuesday, March 26, 2013
Dear Friend of GATA and Gold:
In an excerpt from his latest newsletter, silver market analyst Ted Butler seems to accept that the U.S. government, its Commodity Futures Trading Commission, and the government's primary agent in the markets, JPMorganChase & Co., are hopelessly corrupt and working against the monetary metals.
Butler concludes: "While those stabs at new price lows may occur, it is mandatory that silver prices will explode at some unknown point. Considering how far along we are in the silver manipulation in terms of time and considering the emerging signs of physical tightness and developing shortage, I think it's best to concentrate on the certainty of the coming price explosion and not the uncertainty of near-term pricing. Don't let the crooks at JPMorgan or the negligent and discriminatory regulators convince you otherwise."
Butler's commentary is headlined "The Good, Bad, and Ugly" and it's posted at GoldSeek's companion site, SilverSeek, here:
http://www.silverseek.com/commentary/good-bad-and-ugly-10511
And at 24hGold here:
http://www.24hgold.com/english/news-gold-silver-the-good-bad-and-ugly.as...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
How to profit in the new year with silver --
and which stocks to buy now
Future Money Trends is offering a special 16-page silver report with our forecast for 2013 that includes profiles of nine companies and technical analysis of their stock performance. Six of the companies have market capitalizations of less than $800 million and one company has a market cap of only $30 million. The most exciting of these companies will begin production in a few weeks and has a market cap of just $150 million.
Half of all proceeds from the sale of this report will be donated to the Gold Anti-Trust Action Committee to support its efforts exposing manipulation and fraud in the gold and silver markets.
To learn about this report, please visit:
http://www.futuremoneytrends.com/index.php?option=com_content&id=376&tmp...
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GoldMoney Reduces Storage and Exchange Fees
From April 1 GoldMoney will be reducing by a third its storage fees on gold stored at all VIA MAT vaults to just 0.12 percent per year and halving the cost of storing silver with VIA MAT Switzerland to bring it in line with GoldMoney's silver storage fees at other vault locations: 0.49 percent per year as the standard fee and 0.39 percent per year for more than 50,000 ounces of silver. In addition, GoldMoney's minimum storage fee will be reduced to only 0.001 grams per month for gold, platinum, and palladium, and 0.001 ounces per month for silver. In April GoldMoney also will be simplifying and reducing its metal-to-metal exchange fees. For the full details of these significant fee reductions, please visit:
http://www.goldmoney.com/lower-fees-overview?gmrefcode=gata
