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Ted Butler on King World News: Morgan holds 40% of Comex silver shorts

Section: Daily Dispatches

1a ET Saturday, October 17, 2009

Dear Friend of GATA and Gold (and Silver):

Interviewed for about 10 minutes Friday by Eric King of King World News, silver market analyst and newsletter writer Ted Butler remarked that JPMorganChase is now is responsible for about 40 percent of the short position in silver on the New York Commodities Exchange, an appalling, market-dominating share whose apparent approval by the U.S. Commodity Futures Trading Commission worries and baffles Butler. You can listen to the interview at the King World News Internet site here:

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

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