June 18, 2008

Ted Butler: A hidden silver default?

Silver market analyst Ted Butler reports evidence that the Barclays silver exchanged-traded fund on the American Stock Exchange (SLV) is being short-sold and naked-short-sold in what may be a huge default in the metal. Butler estimates the default at between 25 million and 50 million ounces.
His new commentary is headlined "A Hidden Silver Default?" and you can find it at GoldSeek's companion site, SilverSeek, HERE

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