by Jim Cook
Cook: What is the reason for the extreme price volatility in the silver market?
Butler: We’re reaching the end of the line, in terms of the final resolution and the train is shaking so much, it looks to be coming off the tracks.
Cook: Is this a good thing?
Butler: It’s the best thing possible, because it signifies an end to the price control.
Cook: What will that do?
Butler: It should set the price free. The only reason silver has been so cheap is because a few big short sellers on the COMEX have suppressed the price. But growing physical demand has put these big short sellers in a bind and they are losing more money than they ever dreamed possible.