Comment Text:
10-005
COMMENT
CL-00026
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[email protected]
Tuesday, May 4, 2010 10:56 AM
Metals Hearing
Precious Metals Hearings
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Dear Sirs;
Case in point below: Here is today's spot silver price. As often occures we are getting a huge drop in the price
of silver. There is nothing out there in the real market place to cause a drop in the price of silver of this
magnitude. I don't see how a reasonable person could see this as a normal hedging move. There are some
powerful people with a lot of money causing these huge disruptions in the market to make huge profits.
Reasonable limits on short positions and limits on exceptions to the rule are needed to make the playing field
fair.
The American tax payer needs and deserves your help.
Sincerely yours,
Don Denison