Showing posts with label Ted Butler. Show all posts
Showing posts with label Ted Butler. Show all posts

Wednesday, December 3, 2014

Ted Butler Quote on Silver vs. Gold

If anybody(s) wanted to corner the physical silver market, it would only take a few billion dollars.
At current prices, there is $6.6 trillion worth of gold in the world and a little over $16 billion worth of silver. In other words, on a dollar (or any other currency) basis, there is more than 400 times more gold in the world than silver. Expressed differently, all the silver in the world is worth only one-quarter of one percent (0.25%) of what all the world's gold is worth. Even by doubling the amount of silver by including coins and small bars (most of which will never be converted into 1,000 oz bars), one would still end up with the gold being worth 200 times what the silver is worth or silver being worth 0.5% of what the gold is worth. These are the most extreme valuation differences ever.

Like investors in everything else, precious metals investors seek out the best relative value available. Investors everywhere want the best value, lowest risk and biggest bang for their buck. Due to an increasingly obvious price manipulation on the COMEX, silver has reached a degree of undervaluation relative to gold that is so extreme as to be almost unbelievable, even when expressed in simple arithmetic terms. And because gold is so cheap compared to other asset classes, that automatically means silver is even cheaper compared to every other asset.

- Silver analyst Ted Butler, Butler Research, November 22, 2014

Saturday, March 22, 2014

Monday, December 17, 2012

My Worst Fear

Ted Butler is a smart guy, but what he fails to see is that CFTC regulator Bart Chilton is a plant, put in his position merely to appease the watch dogs.  Meanwhile, CFTC Chairman Gary Gensler and his minions continue to look the other way as the silver price manipulation continues unabated.  The other CFTC commissioners are mouthpieces for the CME and the very firms they are supposed to regulate.

While Butler believes Chilton to be one of the "good guys", Butler doesn't realize that Chilton is more likely a double agent undermining  Butler's futile attempts to expose the ongoing silver price suppression at the COMEX.

Memo to Ted: you constantly deride the public for burying their heads in the sand on the market-rigging tactics in the commodities exchanges.  It's time for you to recognize that you've been sleeping with the enemy.

Memo to the public:  avoid paper trading of precious metals contracts--Butler is correct in that assessment.  But don't expect our government regulators to help rectify the crimes in progress--they are in on it, because rising precious metals prices expose the Fed's reckless currency debasement campaign.  You're better off buying physical gold and silver instead.  This will counteract the bullion banks' paper naked shorting shenanigans.

http://www.silverseek.com/commentary/my-worst-fear-8306

Tuesday, September 6, 2011

The Death of Liquidity

Ted Butler has been on  the silver bandwagon for over a decade.  And he's been spot on. 

http://news.silverseek.com/SilverSeek/1315318111.php

Tuesday, January 11, 2011

Quotes from Harry Schultz and Ted Butler

Roughly speaking, the mess we are in is the worst since 17th century financial collapse. Comparisons with the 1930’s are ludicrous. We’ve gone far beyond that. And, alas, the courage and political will to recognize the mess and act wisely to reverse gears, is absent in U.S. leadership, where the problems were hatched and where the rot is by far the deepest. - Harry Schultz, in his last newsletter


"If my analysis is correct, and the era of silver pricing being dominated by a big Comex silver short is ending, what will the silver pricing landscape look like in the future? The answer is that the landscape will be radically different, in order to reflect such a radical structural change. Removing the dominant pricing force on the Comex is as radical a change as putting LeBron James on a high school basketball team. It changes everything." - Ted Butler, silver analyst

Monday, December 6, 2010

Artist's Impression Of JPM's CEO Hearing That Silver Is Trading Over $500

Knowledgeable gold and silver bugs will catch every inside joke, but even precious metals neophytes will appreciate this parody.   Google Jamie Dimon, Blythe Masters, Ben Bernanke, Tim Geithner, Ted Butler, and Max Keiser to understand the characters.  I'm assuming viewers know who the mustachioed psychopath is.



http://www.youtube.com/watch?v=I0mhX9hpq3g&feature=player_embedded

Sunday, May 16, 2010

Public comments on CFTC precious metals meeting

Most comments urge the CFTC to establish and enforce position limits in the precious metals COMEX exchanges.

http://www.cftc.gov/LawRegulation/PublicComments/10-005.html


Ted Butler continues to urge the CFTC to regulate price suppression in the silver pits.

http://news.silverseek.com/SilverSeek/1273856683.php