Doin’ The Right Thing

[webmaster]

Subject:Doin’ The Right Thing
By: Theodore Butler

Overview: Considering their history and bag of dirty tricks, I don’t feel comfortable in pronouncing the dealers dead until they have a wooden stake through their hearts. Long-term silver positions should be held, but with the recognition we are in high-risk territory.

Link: http://news.silverseek.com/TedButler/1199736334.php

[g5powermac]

We are very thankful for Ted Butler;

His astute analysis of the surriptitious manipulating nonsense taking place in the futures market with AG, is a neon beacon glowing in the darkness. For years on end, i have been frustrated by the lack of positive movement in silver bullion valuations. Technically and fundamentally, silver (and apart from rhodium) all noble metals, true valuations were not being reflected from the obvious indicators.

My comment regarding his latest piece:

Regardless of how and why AU & AG reached it's modern day historical high in 1980. The price of $50. & $850. respectively, had a correct ratio of under 18 times. (one oz. of gold equaled 17 oz. of silver.) As of Mr. Butlers article today, the ratio is N. of 56 times. The manipulation strategy of the futures market (cartel,) the NYMEX/COMEX, is perpetually entrenched in suppression mode. We will never see an honest unencumbered unshackled free market in silver, until the massive concentrated short position is called and wound down.

When you have "big brother" behind the scam of price management to protect the debasing dollar, you have a formidable enemy. Principally silver, not gold, has been the preferred currency of last resort. The every day barter and currency transactions were carried out in silver instruments. Gold primarily was for savings and larger transactions. Silver, not gold is the bigger threat to Caesar.

The supply and demand equation in today's currency environment, should have silver over $50. the oz.. And at that, both silver & gold are underpriced by twice those values. The ground floor minimum should have gold @$1800. the oz., and silver @$107. the oz..

Ted Butler for Treasury Secretary. =)

Cheers, g.mcmillan
ON. Canada