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Gold/Mining/Energy : Coeur d'Alene Mining (CDE)
CDE 14.68+1.7%Nov 7 9:30 AM EST

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To: Todd King who started this subject5/24/2002 12:04:29 AM
From: D.Austin   of 621
 
WEEKLY COMMENTARY

March 19, 2002

THE COMING SILVER EXPLOSION

AN IN-DEPTH INTERVIEW WITH SILVER
ANALYST THEODORE BUTLER

It’s our opinion that silver analyst, Theodore Butler has more knowledge about silver and the silver markets than anyone else on the planet. That’s a big claim. Nevertheless, we have presented difficult questions to him time and again to which he has responded with expertise. We have confronted him with various arguments that dispute his theories about silver and he has always demolished them. I personally believe that he’s right and that's why my company continues to forcefully present his dramatic case for silver. We recently conducted the following interview.

Q. You and I have both written to the Commodity Futures Trading Commission (CFTC) recently to complain about the large short sales by a few bullion dealers. Can you explain your case?

A. My case is simple - enormous, concentrated and uneconomic paper short sales on the COMEX have kept the price of silver artificially depressed for years. What makes matters worse, the silver paper short sales have become so extreme and obvious, it's clear to me that this selling is for one purpose only - to keep the price of silver cheap. It's manipulation in its purest form.

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