Ted Butler: First nickel, then silver?

Submitted by cpowell on Mon, 2006-08-21 22:27 Section: Daily Dispatches

10:18p ET Monday, August 21, 2006

Dear Friend of GATA and Gold:

Silver market analyst Ted Butler examines the de-facto default of the London Metals Exchange's nickel contract and warns that the same disgrace looms for the New York Commodities Exchange and its silver contract. Butler's commentary is titled "First Nickel, Then Silver?," and can be found at GoldSeek's companion site, SilverSeek, here:

http://news.silverseek.com/TedButler/1156198042.php

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.