Gold COT Deterioration

[webmaster]

Subject:Gold COT Deterioration
By: Theodore Butler

Overview: Most factors that appear to influence gold (and silver) prices seem to be favorably aligned, particularly physical investment demand. However, there has been notable deterioration in one previously important pricing force - the market structure of the COMEX gold futures market, as defined by the Commitment of Traders Report (COT). I am not making any short term price predictions, I am just analyzing the data.

Link: http://news.silverseek.com/TedButler/1231785890.php

[Rich Vermillion]

Mr. Butler,

I want to thank you first for the years of steadfast adherence to principle that you have displayed in "staying the course" on these issues. Please keep up the good work, for you are a blessing to everyone willing to listen.

Second, thank you for the conscientious advice you ended this article with regarding being generous to others... including when paying tips. As a Christian (and minister) that has been our own family's SOP (standard operating procedure) and we always experience immense joy thereby. It is a real delight to read a person of your business background sharing such advice as well.

Blessings to you and yours,

-Rich Vermillion