Ted Butler: Troubling turnover in silver
8:09p ET Thursday, January 28, 2016
Dear Friend of GATA and Gold:
Silver market analyst and market-rigging opponent Ted Butler writes tonight that he is "flabbergasted" by the recent enormous turnover of silver at warehouses associated with the New York Commodities Exchange. "The evidence in silver," Butler writes, "points to a growing physical tightness based upon the documented Comex physical turnover and visible inventories shrinking instead of growing. If that's not an invitation to buy and hold silver, then I don't know what is."
Butler's commentary is headlined "Troubling Turnover" and it's posted at GoldSeek's companion site, SilverSeek, here:
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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