Ted Butler: Extreme liquidation

8:27p ET Tuesday, October 3, 2006

Dear Friend of GATA and Gold:

Silver market analyst and GATA consultant Ted Butler argues in his new commentary that there never really was a "bubble" in commodities and there sure isn't one after the market action of the last few days, now that most speculative positions have been wiped out and the prospects for long positions are excellent. Butler's commentary is headlined "Extreme Liquidation" and you can find it at GoldSeek's companion site, SilverSeek, here:

http://news.silverseek.com/TedButler/1159910923.php

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

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