Comment Text:
10-005
COMMENT
CL-00206
From:
Sent:
To:
Subject:
Janice France
Saturday, April 24, 2010 5:43 PM
Metals Heating
Silver Contracts
Dear Sir;
Thank for the opportunity to comment on the issue of position limits for precious metals. However,
when it gets to the point that gold and silver market manipulations become accepted mainstream
knowledge, the corruption is deeply entrenched. The only way that the US will get out of this
economic mess is to root out corruption, market manipulation and allow the markets to determine
the price&demand. Markets cannot be efficient when manipulated.
Establish a speculative position limit in COMEX silver of no more than 1500 contracts.
Restrict any hedging exemptions from those limits to legitimate hedgers.
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.
Sincerely,
Janice France
