Comment Text:
10-005
COMMENT
CL-00138
From:
Sent:
To:
Subject:
Craig Stanley
Sunday, April 25, 2010 11:22 AM
Metals Hearing
Precious metals position limits
Dear Sir;
I have been a market participant in precious metals for 20 years; it is obvious that the price of both gold and silver
are being manipulated by JP Morgan and HSBC, among others. This can be remedied by establishing strict
position limits for both metals of no more than 1500 contracts along with restricting hedging exemptions from
those limits to legitimate hedgers.
Thank you,
Craig Stanley
Craig W. Stanley
CBO Financial, Inc.
10630 Little Patuxent Pkwy, Ste. 314
Columbia, MD 21044
Phone: (410) 730-0490
Fax: (410) 730-0491
Mobile (202) 441-9971
www.cbofinancial.com