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Ted Butler: Why I own SLV despite its fraud and crooks
3:14p ET Friday, August 19, 2022
Dear Friend of GATA and Gold (and Silver):
Silver market analyst Ted Butler's new commentary, "The Short Position in SLV," explains why, while the huge short position in the big exchange-traded fund cheats its investors (something about which he has complained again to the U.S. Securities and Exchange Commission), and while the custodian of the fund's metal, JPMorganChase, is a bunch of crooks, he still considers the fund well worth investing in, as he has done.
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Butler's commentary is headlined "The Short Position in SLV" and it's posted at GoldSeek's companion site, SilverSeek, here:
https://silverseek.com/article/short-position-slv
For the sake of SLV's investors, one may hope that Butler is right, even as those investors might do well to keep in mind a more famous episode of short selling that somehow did not involve JPMorganChase:
https://en.wikipedia.org/wiki/George_C._Parker
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org
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