Welcome To The Silver Standard Resources HUB On AGORACOM

SSO on the TSX, SSRI on the NASDAQ

Free
Message: ted butler interview

ted butler interview

posted on Dec 08, 2008 05:55PM

ted butler is bullish on silver. the link goes to the entire interview, but this is his conclusion:


Butler: The case for silver is compelling. Recent developments have intensified an already spectacular long-term supply and demand situation, to an extreme I didn’t expect. We have a vital commodity with a critically low world inventory. It has varied industrial applications and a unique dual role as an investment asset. Its price is artificially depressed by a decades-long and increasingly obvious price manipulation. All these long-term conditions are under the radar of the world’s investment community, meaning more buying should come in as awareness spreads..

Throw in an obvious retail shortage for the first time in history with growing wholesale delays and tightness. We’ve seen the largest one-year rush into silver, driven by world financial conditions that’s highly suggestive of a flight into assets that are safe. Top that off with a new low price. I couldn’t make up this many bullish factors if I tried.

http://news.silverseek.com/TedButler...

Share
New Message
Please login to post a reply