Update and Another Interview

Live Spot Silver

Silver Quote

Bid\|Ask	10.14	10.26
Low\|High	9.41	12.32
Change	-0.35	-3.35%
Oct 10, 2008 18:41:23 EST

Silver Price Forecasts
Only Weekly Silver Service
Stocks • T.A. • Portfolio

Navigation

Last Five Articles

Gold Seeker Weekly Wrap-Up: Gold Gains Nearly 3% on the Week While Dow Plunges Over 18%
10 October, 2008

COT Silver Report - October 10, 2008
10 October, 2008

Silver – What’s Left?
10 October, 2008

Auction: 125 silver 100 oz. bars -- Engelhards
8 October, 2008

An Exceptional Opportunity
6 October, 2008

Search SilverSeek.com

Update and Another Interview

By: Theodore Butler

-- Posted 1 February, 2005 | Digg This Article Digg It!

The latest Commitment of Traders Report (COT) indicated a continued improvement in the market structure for gold and silver. This is the third consecutive weekly improvement in the COTs since the bottom in early January. In gold, the dealers have reduced their net short position in COMEX futures by over 112,000 contracts (11.2 million ounces) and by almost 40,000 contracts in silver (200 million ounces). These are among the largest clean-outs in history, and set the stage for powerful rallies ahead.

My personal take on the COTs is still that the bottom is effectively in, and we are at an ultra-low risk buy point. If I am wrong and we do take out the January lows by a decent margin, it will only come with heavy tech fund new short selling. This can only make the market structure even stronger as there is no way the tech funds would then not be required to buy back their shorts at a loss. This is a time to be aggressively invested.

Here’s a link to another recent interview

www.financialsense.com/fsu/editorials/bogner/2005/0130.html

-- Posted 1 February, 2005 | Digg This Article Digg It!

This article is brought to you in part by Investment Rarities Inc.

Last Three Articles by Theodore Butler

An Exceptional Opportunity
6 October, 2008

Meet The New Boss, Same As The Old Boss?
29 September, 2008

Time Out or About Time?
23 September, 2008
Ted Butler - Article Archive List

SilverSeek.com is presented to you by:

Advertise | Bookmark | Contact SilverSeek.com | | Update Page

The content on this site is protected by U.S. and international copyright laws and is the property of SilverSeek.com and/or the providers of the content under license. By "content" we mean any information, mode of expression, or other materials and services found on SilverSeek.com. This includes editorials, news, our writings, graphics, and any and all other features found on the site. Please contact us for any further information.

Disclaimer

The views contained here may not represent the views of SilverSeek.com, its affiliates or advertisers. SilverSeek.com makes no representation, warranty or guarantee as to the accuracy or completeness of the information (including news, editorials, prices, statistics, analyses and the like) provided through its service. Any copying, reproduction and/or redistribution of any of the documents, data, content or materials contained on or within this website, without the express written consent of SilverSeek.com, is strictly prohibited. In no event shall SilverSeek.com or its affiliates be liable to any person for any decision made or action taken in reliance upon the information provided herein.