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Ted Butler: Metal-free gold and silver futures are bad joke

Section: Daily Dispatches

9p ET Wednesday, April 1, 2009

Dear Friend of GATA and Gold (and Silver):

In commentary posted tonight at GoldSeek's companion site, SilverSeek, silver market analyst Ted Butler reports on the creation of gold and silver futures contracts for which there will be no mechanism for delivery of metal -- just more potential for price manipulation. Butler's commentary is headlined "A Bad Joke?" and you can find it at SilverSeek here:

http://news.silverseek.com/TedButler/1238609316.php

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

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