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Silver market manipulation adversary Ted Butler dies

Section: Daily Dispatches

8:49p ET Sunday, June 16, 2024

Dear Friend of GATA and Gold (and Silver):

Friends confirmed tonight that silver market analyst Ted Butler, who exposed and became the scourge of silver market manipulation for almost three decades, died Saturday.

Butler lived in Florida and wrote about silver market manipulation since 1996. In 2009 he formed Butler Research LLC and began publishing a subscription newsletter.

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He often scolded the U.S. Commodity Futures Trading Commission for its failure to recognize or even look for silver market manipulation, peppering the agency with detailed letters and usually receiving replies that were at best evasive. But in the process he did much to alert investors that powerful forces were striving to suppress silver prices, and increasingly having trouble doing so.

GATA sends its respects to Butler's family and will aim to distribute his formal obituary when it becomes available.

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org

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