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The Good, Bad and Ugly

- Theodore Butler - Butler Research

Hi Peter B
I think there is plenty of silver about. It is just not going to the market.
Guess what... J P Morgan are holding a lot of it.
And when they decide to close their short paper position you can be sure the price of Ag will rise,rather dramatically I would think.

BTW I think Perth Mint gets most of their silver from london and there is no shortage of coins, bars etc in Aust as far as I am aware.

Commented 4048 days ago

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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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