Comment Text:
10-005
COMMENT
CL-00001
From:
Sent:
To:
Subject:
CPT Walter Christian
Sunday, May 16, 2010 6:01 AM
Metals Hearing
Illegal Short Positions/price manipulation
To whom it may concern,
As a US taxpayer I am writing to you to investigate naked-short sales of
Silver in the CME Commodities market with respect to commercial banks. There
has been too much cloak and daggering of Silver over the past few years and
I trust the CFTC to do its job by promptly by investigating such actions by
the Big 4 &8 commercial banks especially JP Morgan Chase. Just listen to
those members of congress who get it and want an Audit of the Federal
Reserve-I agree. I never knew that the Federal Reserve owns the Red Roof
Inn
through the printing of billions to save the economy, but this stoked my
interest in all aspect of back door deals that are just starting to surface.
Anyway, the manipulation/naked shorting of Silver is illegal and unethical
and hope a swift investigation will stop this illegal trading practice. In
addition I am suggesting to limit positions to 1500 contracts except for
those who are LEGITIMATE Hedgers. The stories of involvement by the Fed of
those aforementioned banks naked shorting of Silver is a travesty and a
crime to the US citizen taxpayer.
Respectfully,
Walter Christian
Bethel, CT
