Silver: You must buy NOW, no wait, NOW! ...
Let's take a look at the jokester known as "Ted Butler" who spends a fair deal of time trying to convince you to buy shiny rocks, as silver has plunged, our con man Ted keeps trying to get you to buy. He claims heinous manipulation, and EVIL SHORT SELLERS!!!! GASP! Take a look at his, err, repetitive commentary:
All of Ted's quotes from here:
June 24 (silver $17/oz): ". As real silver supplies have grown tighter and inventories more closely held, what was once something easy to control, has grown large and hungry and dangerous to the big shorts. A shortage will expose their weakness. That is inevitable. One slip and they will be eaten. That’s because their maneuvers and tricks are becoming more visible to growing numbers of investors. And tricks won’t work for long in a real shortage. The tiger will demand sharply higher prices."
July 8 (silver $18/oz): "In stark contrast to the myriad bullish factors in silver, stands a single force depressing the price - a small group of short sellers. Without these few short sellers, the price of silver would be multiples of the current price."
August 6 (silver $16.5/oz) "The doctors of the silver market, the dealers, know all this full well. Delay, if they must, shipments to investors, if there isn’t enough to go around, in order to keep the users supplied and alive, and to prevent panic. Especially, since the big dealers are heavily short. But they know this is only a short term emergency room action, not a long term solution. So should you."
August 22 (silver $13/oz) "This data suggests other questions should be answered by banking regulators, the CFTC, or by those analysts who still doubt this market is rigged"
Sept 9 (silver $12/oz) "The urgent rush by the manipulators to liquidate every margined long by rigging lower prices, must be done before those lower prices activate the new physical demand and curtail physical supply. There is a blow back phenomenon at work here - at some point the artificial low prices will trigger a price explosion."
Oct 20 (silver $10/oz) Yet, in spite of (or because of) that manipulation, a small, but extremely determined number of investors is buying a disproportionate amount of silver. If so much silver can be bought by so few in such circumstances, what will happen when the masses awaken to the real facts in silver? The silver rush is on, buy while you can do so cheaply.
Silver's at $9.50 today... he put out yet another bullish article. Think this call will work out any better than the last ten?
This guy isn't even as good as a broken clock, he's never right.