You are here

Ted Butler: What happens at $100 silver?

Section: Daily Dispatches

5p ET Monday, December 4, 2006

Dear Friend of GATA and Gold:

Silver market analyst Ted Butler's new essay is a speculation on which silver-related investments will do best as the price of silver reaches $100. Butler's preference is for real metal rather than mining shares -- particularly U.S. silver eagles. His essay is titled "What Happens at $100 Silver?" and you can find it at GoldSeek's companion site, SilverSeek, here:

http://news.silverseek.com/TedButler/1165255836.php

Whatever else happens at $100 silver, the old men of GATA will start looking a lot more attractive to younger women. Our technical analysis suggests that, for these particular purposes, every $10 increase in the silver price is likely to take 12 years off our age or 15 pounds off our weight, or an average of those numbers off both age and weight. Then we'll leave Jim Sinclair and the other chartists to their French curves while we enjoy our own.

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

* * *

Join GATA
at the
2007 Vancouver Resource Investment Conference
Vancouver Convention and Exhibition Centre
Sunday and Monday, January 21 and 22, 2007

http://www.cambridgeconferences.com/ch_jan2007.html

Admission is free for those who register in advance. The conference has arranged discount rates at the Pan Pacific Hotel adjacent to the convention center.

* * *

Help Keep GATA Going

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at http://www.GATA.org. GATA is grateful for financial contributions, which are federally tax-deductible in the United States.