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S W
Member since May 2012
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has posted a comment on the article :
>The Good, Bad and Ugly  - Theodore Butler - Butler Research
I think that most of what Ted writes about is likely very true.
However I have never been able to understand why he would waste so much time and energy.
Obviously the CFTC takes no notice.

Likely Mr Ted has bought a heavy load of silver at a price much higher than what it is today, and in spite of his knowledge about price manipulation,massive shorts etc he has failed to cover his position. Maybe he has tried to pick the bottom and added to his stockpile only to see prices fall further.

The fact is he could/should have made a bucket of money on the way down from $50.
Anyway, I reckon that if silver takes a "few stabs lower in price' to for eg $17 he will give up in disgust, sell the lot, only to see it go to $100 or more!!
SUCH IS LIFE


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Beginning of the headline :I’ll save the good for a moment, but the bad and the ugly seem to permeate the silver and gold and other markets. On Wednesday, I mentioned that one reason gold and silver failed to move higher after the Cyprus news was such a rally would have interfered with a planned takedown in copper, platinum and palladium, which was evident on Monday and Tuesday. For the record, there was the expected substantial commercial buying in copper and platinu... Read More
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