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Comment for Sunshine Act Sunshine Act Meeting: March 25, 2010

  • From: Stephen Christian
    Organization(s):

    Comment No: 20490
    Date: 4/24/2010

    Comment Text:

    10-005
    COMMENT
    CL-00191
    From:
    Sent:
    To:
    Subject:
    sbchristian
    Saturday, April 24, 2010 8:06 PM
    Metals Hearing
    It is past time to stop the manipulation of the silver market
    Dear Sir;
    I urge you to establish a speculative position limit in COMEX silver of no more than 1500 contracts.
    Please restrict any hedging exemptions from those limits to legitimate hedgers. Please stop the levels
    of concentration in COMEX silver futures that have been experienced over the past few years on the
    short side of the market. The big banks manipulate the price of silver to their advantage.
    Stephen Christian
    Phoenix, AZ