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Thursday, January 13, 2011

Ted Butler - Position limits on silver will trigger a price explosion

Ted Butler 's work is followed by many institutions, such as Sprott Asset Management and PFS Group. He has researched the commodity markets actively for 3 decades. Internationally well known for his writings on silver, gold, commodities and the COT (commitment of traders) report. In this interview Ted discusses the gold and silver markets and the underlying commitment of traders report.
buy Silver now while it's still cheap,USA geologist society have predicted it would be the first element of the periodic table to run out by 2020...HENCE why China is now offering it's residents Silver bullion bars directly from in their bank branch!..the first time in over fifty years have they been allowed to own gold and silver.The money we use everyday is based on NOTHING,we are witnessing the collapse of the Fiat system and a return to real money based on something!

CFTC to Hold Open Meeting on a Proposed Position Limits Rule
Washington, DC The United States Commodity Futures Trading Commission (CFTC) will hold a public meeting on Thursday, January 14, 2010, to consider issuance of a proposed rule on energy position limits and hedge exemptions on regulated futures exchanges, derivatives transaction execution facilities and electronic trading facilities.

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